Sarasota County Schools
Landings Administrative Complex
1980 Landings Blvd.
2:00 P.M.
Presentation of Superintendent's Tentative Budget
1. PRESENTATION OF SUPERINTENDENT'S TENTATIVE BUDGET FOR FISCAL YEAR 2006-07 BY STAFF
DescriptionN/A
Recommendation
N/A
Minutes:Superintendent Gary Norris presented the 2006-2007 Sarasota County School District Budget for advertising purposes. The budget was formed around four priorities:
1. Slowing the pace of spending from the past three years
2. Equalize staffing among schools
3. Align the budget with district priorities
4. Frugal spending, healthy reserves
Finance Director Al Weidner stated the reason for the meeting was to have the Superintendent's Tentative Budget presented to the Board and for the Board to accept the rates for advertising to be advertised Friday, July 21, 2006, in the Sarasota Herald Tribune. The Public Hearing is Tuesday, July 25, 2006, 5:15 p.m.
Acceptance of Proposed Millage Rates for Advertising
2. ACCEPTANCE OF THE 2006 PROPOSED MILLAGE RATES FOR ADVERTISING
DescriptionThe Property Appraiser has certified the Sarasota County 2006 tax roll at $59,015,112,895 which represents a 27.0% increase over the 2005 tax roll of $46, 435,842, 068 (see "Certification of School Taxable Value"). The general fund local required effort must be levied by the School Board, if the district is to receive any state FEFP dollars in fiscal year 2006-07. This millage rate is set at 3.623 mills by the State of Florida. The proposed millage rate required by state law is 4.53% more than last year's rolled-back millage rate. When the local millage is included, the proposed millage rate is 12.57% more than last year's rolled back rate. A comparison of the 2005 millage levies with the proposed 2006 levies is as follows:
Millage Levy 2005 Millage Rate 2006 Proposed MR
General - local required effort - 4.254 3.623
General - basic discretionary - 0.510 0.510
General - supplemental discretionary - 0.097 0.077
Capital Outlay - 2.000 2.000
Voted Operating - 1.000 1.000
TOTAL Millage Rate - 7.861 7.210
RecommendationThat the following proposed millage rates for 2006 be accepted for advertising in accordance with the requirement of Chapter 200.065 of the Florida Statutes.
General - Voting Operating 1.000 mills
General - Supplemental Discretionary at .077 mills
General - Local Required Effort at 3.623 mills
General - Local Discretionary at .510 mills
Capital Outlay at 2.000 mills
For a total of 7.210 mills
Motions: That the following proposed millage rates for 2006 be accepted for advertising in accordance with the requirement of Chapter 200.065 of the Florida Statutes. General - Voting Operating 1.000 mills General - Supplemental Discretionary at .077 mills General - Local Required Effort at 3.623 mills General - Local Discretionary at .510 mills Capital Outlay at 2.000 mills For a total of 7.210 mills - PASS Vote Results Motion: Laura Benson Second: Frank Kovach Laura Benson - Aye Kathy Kleinlein - Aye Frank Kovach - Aye John Lewis - Aye Carol Todd - Aye
Review and Approval of the Tentative Budget for Advertising
3. REVIEW AND APPROVAL OF THE TENTATIVE 2006-07 BUDGET FOR ADVERTISING
DescriptionN/A
RecommendationThat the tentative budget for 2006-07 be approved for advertising as displayed in the enclosures.
FUND
BEGINNING FUND BALANCE
REVENUES, NON-REVENUE SOURCES AND TRANSFERS IN
EXPENDI-
TURES AND TRANSFERS OUT
ENDING FUND BALANCE
General
$53,050,080
$409,640,326
$409,204,589
$53,485,817
Special Revenue
1,177,619
36,966,382
37,655,244
$488,757
Debt Service
828,167
17,903,108
17,896,088
$835,187
Capital Projects
26,078,340
208,978,564
235,056,904
$0
Internal Services
10,052,484
6,251,785
5,881,490
$10,422,779
Trust & Agency
4,289,514
11,142,285
10,579,743
$4,852,056
TOTALS
$95,476,204
$690,882,450
$716,274,058
$70,084,596
Motions: That the tentative budget for 2006-07 be approved for advertising as displayed in the enclosures. - PASS Vote Results Motion: Frank Kovach Second: Laura Benson Laura Benson - Nay Kathy Kleinlein - Aye Frank Kovach - Aye John Lewis - Aye Carol Todd - Nay
Hearing of Citizens
4. HEARING OF CITIZENS
Description
N/A
Recommendation
N/A
Minutes: Shirley Brown - Budget
Adjournment
5. ADJOURNMENT
Description
N/A
Recommendation
N/A
Minutes:The Chair adjourned the tentative Budget meeting at 2:54 p.m.
We certify that the foregoing minutes are a true account of the tentative Budget meeting held on July 19, 2006, and approved at the regular Board meeting on August 1, 2006.
