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Sarasota County Schools

THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA
Landings Administrative Complex
1980 Landings Blvd.
5:15 p.m.

July 28, 2009 Budget Public Hearing

LEGAL REQUIREMENT: Florida Statute 200.065(2)(e), states that: "The School Board of Sarasota County, Florida, will soon consider a budget for 2009-2010. A public hearing to make a DECISION on the budget AND TAXES will be held on July 28, 2009, at 1980 Landings Boulevard, Sarasota, Florida. During such discussion, the governing body shall hear comments regarding the proposed millage rate. The general public shall be allowed to speak and to ask questions prior to adoption of any measures by the governing body. The governing body shall adopt its tentative or final millage rate prior to adopting its tentative or final budget."

Statement Regarding the Proposed Millage and Tentative Budget

1. STATEMENT REGARDING THE 2009 PROPOSED MILLAGE AND 2009-10 TENTATIVE BUDGET
Description
The 2009 proposed Required Local Effort Millage rate represents a 2.15% decrease from last year's rolled back millage rate. The total 2009 proposed millage rate represents a 8.07% decrease from last year's rolled back millage rate. The operating millage is required to hire staff for the school district, pay negotiated salary and fringe benefits to staff, and the cost of fuel, electricity, and other goods and services."

Recommendation
N/A

Public Hearing Regarding Proposed Millage Rate

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.

Adoption of Proposed Millage Rates

3. ADOPTION OF 2009 PROPOSED MILLAGE RATES
Description
N/A

Recommendation
That the following millage rates be adopted as presented:

Required Local Effort                                                      4.161 mils
Discretionary Operation                                                    .748 mils
Capital                                                                           1.500 mils
Voted Operating                                                             1.000 mils

Public Hearing Regarding Tentative Budget

4. PUBLIC HEARING REGARDING THE 2009-10 TENTATIVE BUDGET
Description
N/A

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

Adoption of Tentative Budget

5. ADOPTION OF 2009-2010 TENTATIVE BUDGET
Description
N/A

Recommendation
That the 2009-10 Fiscal Year Tentative Budget be adopted presented.

FUND

BEGINNING FUND BALANCE

REVENUES, NON-REVENUE SOURCES AND TRANSFERS IN

EXPENDITURES AND TRANSFERS OUT

ENDING FUND BALANCE

General

$57,632,456

$386,283,989

$402,986,704

$40,929,741

Special Revenue

$1,082,053

$56,063,053

$55,699,626

   $1,445,480

Debt Service

$970,759

$29,857,345

$29,861,445

      $966,659

Capital Projects

$120,023,609

$224,981,996

$304,672,843

   $40,332,762

Internal Services

$14,860,698

$6,122,681

$6,304,487

$14,678,892

Trust & Agency

$4,907,018

$7,399,895

$7,158,471

    $5,148,442

TOTALS

$199,476,593

$710,708,959

        $806,683,576

$103,501,976

Adjournment

6. ADJOURNMENT
Description
N/A

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