e|agenda.NET
Sarasota County Schools

September 12, 2006 Public Hearing Adoption of the 2007 Millage Rates and 2006-2007 Final Budget

Legal Requirement

1. LEGAL REQUIREMENT

Description
Florida Statute 200.065(2)(e)(1), states that:
In the hearings required..., the first substantive issue discussed shall be the percentage increase in millage over the rolled-back rate necessary to fund the budget, if any, and the specific purposes for which ad valorem tax revenues are being increased. During such discussion, the governing body shall hear comments regarding the proposed increase and explain the reasons for the proposed increase over the rolled-back rate. The general public shall be allowed to speak and to ask questions prior to the 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.

Recommendation
N/A

Statement Regarding the Final Millage Rate and Final Budget

2. STATEMENT REGARDING THE 2006 FINAL MILLAGE RATE AND 2006-07 BUDGET

Description
"The proposed millage rate is 12.57% more than last year's rolled back millage rate. 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

Public Hearing Regarding Final Millage Rates

3. PUBLIC HEARING REGARDING FINAL MILLAGE RATES

Description
N/A

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

Adoption of Final Millage Rates

4. ADOPTION OF 2006 FINAL MILLAGE RATES

Description
N/A

Recommendation
That the following millage rates be adopted as presented:

Required Local Effort             3.623 mills
Discretionary Operating            .510 mills
Supplemental Operating            .077 mills
Capital                                    2.000 mills
Voted Operating                     1.000 mills"

Public Hearing Regarding the Fiscal Year Budget

5. PUBLIC HEARING REGARDING THE 2006-07 FISCAL YEAR BUDGET

Description
N/A

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

Adoption of Budget Amendments

6. ADOPTION OF BUDGET AMENDMENTS FOR 2006-07

Description
N/A

Recommendation
That the budget amendments which amend the 2006-07 Fiscal Year Tentative Budget be approved as presented.

Adoption of Final Budget

7. ADOPTION OF 2006-07 FINAL BUDGET

Description
N/A

Recommendation
That the 2006-07 Fiscal Year Final Budget be adopted as presented.

Adjournment

8. ADJOURNMENT

Description
N/A

Recommendation
N/A