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Business
Action Item
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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)
- Adopt the Final 2010/2011 Millage Rates, as presented
- Adopt the FY 2010/2011 Budget, as presented
- Approve the Resolution Adopting the Final Millage Rates and Budget
- Approve the Policies and Procedures for Lottery Funds
- Authorize staff to perform all tasks to insure compliance with F.S. 200.065 Truth in Millage (TRIM)
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)
*Â 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
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Gretchen Saunders
Chief Business Officer
(813) 272-4270
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01
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Hillsborough County Public Schools (Florida) * Mtg.#20100907_419 * Section E Item# 01
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