e|agenda.NET Sarasota County Schools | ||||||||||||||||||
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 4:00 p.m. | ||||||||||||||||||
Agenda Item #2 Title ACCEPTANCE OF THE 2014 PROPOSED MILLAGE RATES FOR ADVERTISING Description N/A Recommendation That the following proposed millage rates for 2014 be accepted for advertising in accordance with requirement of Chapter 200.065 of the Florida Statutes: General - Voting Operating 1.000 mils The Property Appraiser has certified the Sarasota County 2014 tax roll at $46,981,167,444 which represents a 7.81% increase from 2013 tax roll of $43,576,145,919 (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 2014-2015. This millage rate is set at 4.529 mils by the State of Florida. The proposed millage rate required by state law is 2.42% more than last year's rolled-back millage rate. When the local millage is included, the proposed millage rate is 4.20% more than last years rolled back rate. A comparison of the 2013 millage levies with the proposed 2014 levies is as follows:
MILLAGE LEVY 2013 ACTUAL MILLAGE RATE 2014 PROPOSED MILLAGE RATE General - local required effort 4.722 4.529 General - basic discretionary 0.748 0.748 Capital Outlay 1.500 1.500 Voted Operating 1.000 1.000 TOTAL Millage Rate 7.970 7.777 Contact N/A Financial Impact N/A Attachment: attach 2.pdf |