Millage & TRIM

July 26, 2016 Board Workshop Presentation

At our July 26, 2016, School Board Public Hearing Meeting, the School Board adopted the tentative budget and millage rate for the 2016-2017 year as required by law.  The district’s tentative budget comes in at $208,304,509. The board approved a required local effort rate of 4.677 mills set by the Florida Department of Education and the Florida Legislature, which would raise $40,741,612. That is a decrease from the 2015 rate of 4.9410 mills. The board approved a discretionary rate of .7480 mill, unchanged from last year, which would raise $6,515,870. Its capital outlay rate was set at 1.500, unchanged from last year, which would raise $13,066,585.  Total millage rate approved 6.925 mills, which would levy a total local school taxes of $62,837,570, which is estimated to be $413,635 less in local school taxes compared to last year.

Following the public Hearing the school board had a Workshop that included a presentation by Tammy Wilson, Director of Finance on ‘Millage and TRIM’ to share with the public information on what millage rates and TRIM notices are.  I wanted to share this valuable presentation.

Click Here to Download Presentation or view below

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Historical Millage & Local School Taxes Levied

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