Okaloosa County School Board — Workshop Meeting, September 9, 2024 — reading text

with small increases periodically mixed in. Please see the attached document which contains a comparison of millage and gross taxable value of property, an analysis of property taxes generated and the impact on homeowners, and a history of all millage rates approved since fiscal year 1995-1996. Even though the millage rate is decreasing, property taxes are expected to increase due to the increase in property value; therefore, the School District must advertise that it is proposing an increase to property taxes. The Total Millage Levy is made up of the following: Required Local Effort - Florida State Law requires school districts to levy the Required Local Effort portion of the millage rate in order to receive State education funding. The Required Local Effort millage is set by the State, and Okaloosa School District’s must levy this amount in order to receive $147.5 million in State education funding for fiscal year 2024-2025. Discretionary Operating Millage - The Florida Legislature set the maximum discretionary operating millage at 0.748 mills. All school districts levy this millage, and the State includes this millage when calculating the amount of funds a District receives. These funds support general operations. Capital Outlay Millage - School Boards may levy up to 1.500 mills for capital outlay and maintenance. The State only provides about $1.0 million in capital funding to the District. Districts are required to raise all other capital funds through property tax and may supplement with voter approved sales tax. File Attachments Agenda-DSB Millage Info FY 2025.pdf (158 KB) 15. Public Hearing Subject : 15.5 Resolution 24-12 Adopting the Millage Rates for Fiscal Year 2024- 2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to adopt Resolution 24-12 Adopting the Millage Rates for Fiscal Year 2024-2025. Public Content Motion to adopt Resolution 24-12 Adopting the Tentative Millage Rates for Fiscal Year 2024-2025. File Attachments Resolution 24-12 - ESE524 - FY 2025.pdf (84 KB) 15. Public Hearing Subject : 15.6 Okaloosa County School District Budget, General Fund, for Fiscal Year 2024-2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve the Okaloosa County School District Budget, General Fund, in the amount of $410,227,220.93 for Fiscal Year 2024- 2025. 15. Public Hearing Subject : 15.7 Okaloosa County School District Budget, Special Revenue Funds - Food Service for Fiscal Year 2024- 2025, presented by Julie Perry, Chief Financial Officer and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve the Okaloosa County School District Budget, Special Revenue Funds - Food Service, in the amount of $25,488,611.70 for Fiscal Year 2024- 2025. 15. Public Hearing Subject : 15.8 Okaloosa County School District Budget, Special Revenue Funds - Other Federal Programs - Fund 420, for Fiscal Year 2024-2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve the Okaloosa County School District Budget, Special Revenue Funds - Fund 420 - Other Federal Programs, in the amount of $26,033,194.47 for Fiscal Year 2024-2025. 15. Public Hearing Subject : 15.9 Okaloosa County School District Budget, Special Revenue Funds - ARP - Elementary and Secondary School Emergency Relief III (ESSER III) - Fund 445, for Fiscal Year 2024-2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve the Okaloosa County School District Budget, Special Revenue Funds - ARP - Elementary and Secondary School Emergency Relief III (ESSER III) - Fund 445, in the amount of $1,441,319.21 for Fiscal Year 2024- 2025. 15. Public Hearing Subject : 15.10 Okaloosa County School District Budget, Special Revenue Funds - Other ARP Act Relief - Fund 446, for Fiscal Year 2024-2025, presented by Julie Perry, Chief  Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve Okaloosa County School District Budget, Special Revenue Funds - Other ARP Act Relief - Fund 446, in the amount of $155,141.59 for Fiscal Year 2024- 2025. 15. Public Hearing Subject : 15.11 Okaloosa County School District Budget, Special Revenue Funds - Miscellaneous (Internal Funds) - Fund 490, for Fiscal Year 2024-2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve Okaloosa County School District Budget, Special Revenue Funds - Miscellaneous (Internal Funds) - Fund 490, in the amount of $20,308,905.09 for Fiscal Year 2024-2025. 15. Public Hearing Subject : 15.12 Okaloosa County School District Budget, Debt Service Funds, for Fiscal Year 2024-2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve the Okaloosa County School District Budget, Debt Service Funds, in the amount of $27,668,570.08 for Fiscal Year 2024- 2025. 15. Public Hearing Subject : 15.13 Okaloosa County School District Budget, Capital Project Funds, for Fiscal Year 2024-2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve the Okaloosa County School District Budget, Capital Project Funds, in the amount of $325,868,693.54 for Fiscal Year 2024-2025. 15. Public Hearing Subject : 15.14 Okaloosa County School District Budget, Internal Service Funds, For Fiscal Year 2024-2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve the Okaloosa County School District Budget, Internal Service Funds, in the amount of $52,041,616.66 for Fiscal Year 2024-2025. 15. Public Hearing Subject : 15.15 Okaloosa County School District Budget for Fiscal Year 2024- 2025, presented by Julie Perry, Chief Financial Officer, and recommended by the Superintendent for approval. Meeting : Sep 9, 2024 - Workshop Meeting Type : Action Preferred Date : Sep 09, 2024 Absolute Date : Sep 09, 2024 Recommended Action : Motion to approve the Okaloosa County School District Budget in the amount of