The Property Appraiser has certified the Sarasota County 2008 tax roll at $55,844,042,076, which represents a 12.29% decrease from 2007 tax roll of $62,679,917,511,  (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 2008-2009.  This millage rate is set at 3.717 mills by the State of Florida.  The proposed millage rate required by state law is 7.53% less than last year's rolled-back millage rate.  When the local millage is included, the proposed millage rate is 13.20% less than last year's rolled back rate.

A comparison of the 2007 millage levies with the proposed 2008 levies is as follows:

That the following proposed millage rates for 2008 be accepted for advertising in accordance with the requirement of Chapter 200.065 of the Florida Statutes.

General - Voted Operating                                    1.000 mills
General - Supplemental Discretionary at                  .080 mills
General - Local Required Effort at                          3.717 mills
General - Local Discretionary at                               .498 mills
Capital Outlay at                                                     1.750 mills 
For a total of                                                          7.045 mills"

N/A