"Based on certified tax roll and millage rates of the 2nd FEFP calculation:
The district is in position to levy the full 1.5 mills for capital outlay without advertising a "Notice of Tax Increase" as total mills will not exceed current year rolled-back rate. In addition, total mills will be less than total mills of 2011-12 (including full 1.5 CO millage).
The amount of 1.5 mill capital outlay to be raised at 96% will exceed the amount proposed at the budget workshop by $2.8M. Budget details will be revised for Monday to approve for advertisement."
Terry St. Cyr
Finance and Business Services
Escambia County School District
75 North Pace Boulevard
Pensacola, FL 32505
In addition to this email, a copy of the entire 2nd calculation was sent to board members today. The document can be accessed here