Action Item
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Business
Action Item |
| DATE: | Tuesday, July 15, 2014 |
| TO: | School Board Members |
| FROM: | MaryEllen Elia, Superintendent |
| SUBJECT / RECOMMENDATIONS | |
| Approve the Advertisement Framework for the 2014/2015 Fiscal Year Proposed Millage Rates, Tentative Budget, Notice of Budget Hearing/ Proposed Tax Increase, and Notice of Tax for School Capital Outlay; and Allow Staff to Make Modifications as Updated Information is Received from Tallahassee (Business Division) | |
| EXECUTIVE SUMMARY | |
| Per Section 200.065, Florida Statutes, the Superintendent is required to submit a tentative budget to the Board within 24 days of certification of taxable value per Florida Department of Revenue Truth in Millage (TRIM) timetable.
The Trim process informs taxpayers and the public about the legislative process, which determines local ad valorem (property) taxes. Florida State laws provide for public input and for governing bodies of taxing authorities to state specific reasons for proposed changes in taxes and the budget. Attachments will be provided to the Board upon have been added with the release from Department of Education of the Florida Education Finance Program Second Calculation. |
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| 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 |
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| A 6.22R | ||
| Hillsborough County Public Schools (Florida) * Mtg.#20140715_636 (Board Meeting) * Section A Item# 6.22R | ||