1. STATEMENT REGARDING THE 2007 PROPOSED MILLAGE AND 2007-08 TENTATIVE BUDGET

Description

"The 2007 proposed Required Local Effort Millage rate represents a .74% increase over last year's rolled back millage rate.  The total 2007 proposed millage rate represents a 1.84% increase over the rolled-back rate for 2006.  The increase in operating millage is required to hire staff for the anticipated student growth, pay negotiated salary and fringe benefit increases to staff, and the increased cost of fuel, electricity, and other goods and services."

Recommendation
N/A

Attachment: 2007-08Public Hearing for T.pdf
Minutes: 

2. PUBLIC HEARING REGARDING PROPOSED MILLAGE RATE

Description
N/A

Recommendation

That the Board hear public comments regarding the tentative millage rates and answer questions related thereto.

 

 

Minutes: 

Michael Figgins - Open
Robin Harrington - Lift Station

The Board Chair closed the Public Hearing Regarding Proposed Millage Rate

 

Motions:
That the Board hear public comments regarding the tentative millage rates and answer questions related thereto.	-
Vote Results
Motion: Caroline Zucker
Second: Kathy Kleinlein

3. ADOPTION OF 2007 PROPOSED MILLAGE RATES

Description
N/A

Recommendation

That the following millage rates be adopted as presented:

Required Local Effort                  3.541 mills

Discretionary Operating                 .510 mills
Supplemental Operating                 .072 mills

Capital                                         2.000 mills
Voted Operating                          1.000 mills"

 

 

Minutes: 

 

Motions:
That the following millage rates be adopted as presented: Required Local Effort 3.541 mills Discretionary Operating .510 mills Supplemental Operating .072 mills Capital 2.000 mills Voted Operating 1.000 mills"	- PASS
Vote Results
Motion: Carol Todd
Second: Kathy Kleinlein
Kathy Kleinlein	- Aye
Frank Kovach	- Aye
Carol Todd	- Aye
Caroline Zucker	- Aye

Motion Minutes: Board Member Shirley Brown absent.

4. PUBLIC HEARING REGARDING THE 2007-08 TENTATIVE BUDGET

Description
N/A

Recommendation

That the Board hear public comments regarding the budget increase and answer questions related thereto.

 

 

Minutes: 

None

The Board Chair closed the Public Hearing Regarding the 2007-2008 Tentative Budget.

 

Motions:
That the Board hear public comments regarding the budget increase and answer questions related thereto.	-
Vote Results
Motion: Caroline Zucker
Second: Kathy Kleinlein

5. ADOPTION OF 2007-2008 TENTATIVE BUDGET

Description

N/A

Recommendation

That the 2007-08 Fiscal Year Tentative Budget be adopted as presented:

 

FUND	BEGINNING FUND BALANCE	REVENUES, NON-REVENUE SOURCES AND TRANSFERS IN	EXPENDITURES AND TRANSFERS OUT	ENDING FUND BALANCE
General	$51,989,031	$433,129,979	$428,750,811	$56,368,199
Special Revenue	1,126,299	35,677,135	35,362,930	$  1,440,503
Debt Service	904,527	18,206,047	18,217,948	$   892,626
Capital Projects	6,586,211	230,639,282	236,554,380	$   671,113
Internal Services	11,826,895	8,687,547	6,438,249	$14,076,193
Trust & Agency	5,187,010	11,553,039	11,184,980	$  5,555,069
TOTALS	$77,619,973	$737,893,029	$736,509,298	$79,003,703

Minutes: 

 

Motions:
That the 2007-08 Fiscal Year Tentative Budget be adopted as presented: FUND BEGINNING FUND BALANCE REVENUES, NON-REVENUE SOURCES AND TRANSFERS IN EXPENDITURES AND TRANSFERS OUT ENDING FUND BALANCE General $51,989,031 $433,129,979 $428,750,811 $56,368,199 Special Revenue 1,126,299 35,677,135 35,362,930 $ 1,440,503 Debt Service 904,527 18,206,047 18,217,948 $ 892,626 Capital Projects 6,586,211 230,639,282 236,554,380 $ 671,113 Internal Services 11,826,895 8,687,547 6,438,249 $14,076,193 Trust & Agency 5,187,010 11,553,039 11,184,980 $ 5,555,069 TOTALS $77,619,973 $737,893,029 $736,509,298 $79,003,703	- PASS
Vote Results
Motion: Caroline Zucker
Second: Kathy Kleinlein
Kathy Kleinlein	- Aye
Frank Kovach	- Aye
Carol Todd	- Aye
Caroline Zucker	- Aye

Motion Minutes: Board Member Shirley Brown absent.

6. ADJOURNMENT

Description
N/A

Recommendation

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

Minutes: 

The Board Chair adjourned the Budget Public Hearing at 5:26 p.m.

We certify that the foregoing minutes are a true account of the Budget Public Hearing held on July 26, 2007, and approved at the regular Board meeting on August 7, 2007.