Facilities Action Item |
DATE: Tuesday, July 29, 2008
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
EXECUTIVE SUMMARY
The 2008 Legislature approved the General Appropriations Act that appropriated the 2008-09 funds to support Public Education Capital Outlay (PECO) projects. Funds identified through this appropriation must be encumbered within 31 months. The millage funds are received from local property tax assessments. Millage funds also provide payment for debt service, site purchases, and other obligations. The 2008-09 projects identified are the result of prioritizing recommendations from individual schools, the general area directors, and maintenance staff.
ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)
FINANCIAL IMPACT (Budgeted: Yes)
The 2008-09 District Capital Outlay: PECO Maintenance Fund allocation is $9,096,752. The 2008-09 Local Millage Assessment available for projects after prior obligations is $70,765,263.
EVALUATION
SUBMITTED BY: Gwen Christensen, Accountant
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Cathy L. Valdes
Chief Facilities Officer (813) 272-4004 |
A 6.01b | |
Hillsborough County Public Schools (Florida) * Mtg.#20080729_296 * Section A Item# 6.01b |