Hillsborough County Public Schools Business
Action Item

DATE: Tuesday, September 7, 2010
TO: School Board Members
FROM: MaryEllen Elia, Superintendent

SUBJECT / RECOMMENDATIONS

Final Public Hearing on the Millage Rates and Budget for the 2010/2011 Fiscal Year (FY) (Business Division)

EXECUTIVE SUMMARY

On July 27, 2010, the First Public Hearing was held to discuss and adopt the FY 2010/2011 proposed millage rates and tentative budget, as advertised in the Tampa Tribune on Saturday, July 24, 2010. In accordance with the TRIM requirements, the Board must hold a final public hearing 65 – 80 days after the Property Appraiser certifies the tax roll to allow for any public discussion. The proposed millage rate for 2010/2011 is 7.5920 mills, the maximum rate allowed by law.

ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)

* Demonstrate best financial practices

FINANCIAL IMPACT (Budgeted: Yes)

The Final 2010/2011 Millage Rates and Budget will be established.

EVALUATION

SUBMITTED BY:

Susan Garcia
Manager of Services and Support, Business
(813) 272-4064
Gretchen Saunders
Chief Business Officer
(813) 272-4270
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Hillsborough County Public Schools (Florida) * Mtg.#20100907_419 * Section E Item# 01