1. PRESENTATION OF SUPERINTENDENT'S TENTATIVE BUDGET FOR FISCAL YEAR 2013-2014 BY STAFF

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Recommendation
N/A

Attachment: Tentative Budget Executive Summary 2013-14.pdf

2. ACCEPTANCE OF THE 2013 PROPOSED MILLAGE RATES FOR ADVERTISING

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Recommendation

That the following proposed millage rates for 2013 be accepted for advertising in accordance with requirement of Chapter 200.065 of the Florida Statutes.

General  - Voting Operating            1.000 mils
General - Local Required Effort at   4.722 mils
General - Local Discretionary at       .748 mils
Capital Outlay at                             1.500 mils
For a total of                                   7.970 mils

The Property Appraiser has certified the Sarasota County 2013 tax roll at $43,671,190,496 which represents a 4.86% increase from 2012 tax roll of $41,646,469,735  (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 2013-2014.  This millage rate is set at 4.722 mils by the State of Florida.  The proposed millage rate required by state law is 7.41% more than last year's rolled-back millage rate.  When the local millage is included, the proposed millage rate is 5.96% more than last year's  rolled back rate.

A comparison of the 2012 millage levies with the proposed 2013 levies is as follows:

MILLAGE LEVY	2012 ACTUAL MILLAGE RATE	2013 PROPOSED MILLAGE RATE
General - local required effort	4.568	4.722
General - basic discretionary	0.748	0.748
Capital Outlay	1.500	1.500
Voted Operating	1.000	1.000
TOTAL Millage Rate	7.816	7.970

 

Attachment: proposed tax increase.pdf

Motions:
That the following proposed millage rates for 2013 be accepted for advertising in accordance with requirement of Chapter 200.065 of the Florida Statutes. General  - Voting Operating            1.000 mils General - Local Required Effort at   4.722 mils General - Local Discretionary at       .748 mils Capital Outlay at                             1.500 mils For a total of                                   7.970 mils The Property Appraiser has certified the Sarasota County 2013 tax roll at $43,671,190,496 which represents a 4.86% increase from 2012 tax roll of $41,646,469,735  (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 2013-2014.  This millage rate is set at 4.722 mils by the State of Florida.  The proposed millage rate required by state law is 7.41% more than last year's rolled-back millage rate.  When the local millage is included, the proposed millage rate is 5.96% more than last year's  rolled back rate. A comparison of the 2012 millage levies with the proposed 2013 levies is as follows: MILLAGE LEVY 2012 ACTUAL MILLAGE RATE 2013 PROPOSED MILLAGE RATE General - local required effort 4.568 4.722  General - basic discretionary 0.748 0.748  Capital Outlay 1.500 1.500  Voted Operating 1.000 1.000 TOTAL Millage Rate 7.816 7.970	-
Vote Results
Motion: Caroline Zucker
Second: Frank Kovach
Shirley Brown	-
Jane Goodwin	-
Frank Kovach	-
Carol Todd	- Not Present
Caroline Zucker	-

Motion Minutes: 

Technical problems occurred. Voice vote taken.

Frank Kovach - Aye
Caroline Zucker - Aye
Jane Goodwin - Aye
Shirley Brown - Aye
Carol Todd - Absent

Motion passes - 4:0

3. REVIEW AND APPROVAL OF THE TENTATIVE 2013-2014 BUDGET FOR ADVERTISING

Description

N/A

Recommendation

That the tentative budget for 2013-2014 be approved for advertising as displayed in the enclosures.

FUND	BEGINNING FUND BALANCE	REVENUES, NON-REVENUE SOURCES AND TRANSFERS IN	EXPENDITURES AND TRANSFERS OUT	ENDING FUND BALANCE
General	$51,362,887	$379,287,356	$392,225,933	$38,424,310
Special Revenue	$3,728,046	$43,603,016	$43,131,239	$4,199,823
Debt Service	$9,762,193	$33,160,506	$30,886,316	$12,036,383
Capital Projects	$134,072,918	$83,823,851	$104,573,464	$113,323,305
Trust & Agency	$5,437,764	$11,846,900	$11,747,198	$5,537,466
Internal Services	$11,848,201	$5,636,401	$6,519,150	$10,965,452
TOTALS	$216,212,009	$557,358,030	$589,083,300	$184,486,739

This advertisement is required by Florida Statute and the language is restricted by law.

Motions:
That the tentative budget for 2013-2014 be approved for advertising as displayed in the enclosures. FUND BEGINNING FUND BALANCE REVENUES, NON-REVENUE SOURCES AND TRANSFERS IN EXPENDITURES AND TRANSFERS OUT ENDING FUND BALANCE General $51,362,887 $379,287,356 $392,225,933 $38,424,310 Special Revenue $3,728,046 $43,603,016 $43,131,239 $4,199,823 Debt Service $9,762,193 $33,160,506 $30,886,316 $12,036,383 Capital Projects $134,072,918 $83,823,851 $104,573,464 $113,323,305 Trust & Agency $5,437,764 $11,846,900   $11,747,198 $5,537,466 Internal Services   $11,848,201   $5,636,401   $6,519,150   $10,965,452 TOTALS $216,212,009 $557,358,030 $589,083,300 $184,486,739 This advertisement is required by Florida Statute and the language is restricted by law.	-
Vote Results
Motion: Shirley Brown
Second: Caroline Zucker
Shirley Brown	-
Jane Goodwin	-
Frank Kovach	-
Carol Todd	- Not Present
Caroline Zucker	-

Motion Minutes: 

Technical problems occurred. Voice vote taken.

Frank Kovach - Aye
Caroline Zucker - Aye
Jane Goodwin - Aye
Shirley Brown - Aye
Carol Todd - Absent

Motion passes - 4:0

4. HEARING OF CITIZENS

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Recommendation
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Minutes: None

5. ADJOURNMENT

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Recommendation

That the budget meeting of the School Board of Sarasota County, Florida, be adjourned.

Motions:
That the budget meeting of the School Board of Sarasota County, Florida, be adjourned.	-
Vote Results
Motion: Caroline Zucker
Second: Frank Kovach
Shirley Brown	-
Jane Goodwin	-
Frank Kovach	-
Carol Todd	- Not Present
Caroline Zucker	-

Motion Minutes: 

Technical problems occurred. Voice vote taken.

Frank Kovach - Aye
Caroline Zucker - Aye
Jane Goodwin - Aye
Shirley Brown - Aye
Carol Todd - Absent

Motion passes - 4:0

The Chair adjourned the regular Board meeting at 4:37 p.m.

We certify that the foregoing minutes are a true account of the Tentative Budget Meeting held on July 23, 2013 and approved at the regular Board meeting on August 6, 2013.

_______________________            ______________________
Secretary                                             Chair
Lori White                                            Jane Goodwin