HCPS FL Logo Business
Action Item
DATE: Monday, July 18, 2011
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
Approve the Advertisement Framework for the 2011/2012 Fiscal Year Proposed Millage Rates, Tentative Budget, Notice of Tax Increase, and Notice of Tax for School Capital Outlay on Friday, July 22, 2011, and Allow Staff to Make Modifications as Updated Information is Received (Business Division)
EXECUTIVE SUMMARY
Per Section 200.065, Florida Statutes, the Superintendent is required to submit a tentative budget to the Board no later than the 24th day of TRIM (Truth in Millage).

The Department of Education released the Florida Education Finance Program Second Calculation late Saturday afternoon (July 16, 2011).  Within this release, the statewide numbers changed due to the Department of Revenue certifying the 2011 tax roll.  (See attachments.)

STRATEGIC OBJECTIVES
• Demonstrate best financial practices
FINANCIAL IMPACT (Budgeted:  Yes)
EVALUATION
SUBMITTED BY: 
Susan Garcia   Gretchen Saunders
Manager of Services and Support, Budget
(813) 272-4064
  Chief Business Officer
(813) 272-4270
    A 5.31R
Hillsborough County Public Schools (Florida) * Mtg.#20110718_467 (Board Meeting) * Section A Item# 5.31R