e|agenda.NET Sarasota County Schools | ||||||||||||||||||
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 3:00 p.m. | ||||||||||||||||||
Agenda Item #3 Title ACCEPTANCE OF THE 2017 PROPOSED MILLAGE RATES FOR ADVERTISING Description The Property Appraiser has certified the Sarasota County School Board's 2017 taxable assessed property values at $58,860,022,628 which represents a 7.32% increase from the 2016 tax roll of $54,846,630,663 (see "Certification of School Taxable Value"). The General Fund required local effort millage must be levied by the School Board if the district is to participate and receive any Florida Education Finance Program (FEFP) funds in fiscal year 2017-2018. The millage rate for Sarasota County Schools is set at 4.185 mils by the State of Florida. The proposed millage rate required by state law is .42% less than last years rolled-back millage rate. When all local millage levies are included, the proposed millage rate is 2.87% more than last years rolled-back rate. A comparison of the 2016 millage levies with the proposed 2017 levies are as follows:
Recommendation That the following proposed millage rates for 2017 be accepted for advertising in accordance with requirement of Chapter 200.065 of the Florida Statutes. Contact N/A Financial Impact N/A Attachment: Certification of School Taxable Value 2017-18 DR-420S.pdf |