School district releases line item budget

 

School district releases line item budget

 

Date: August 26, 2013
by: Josh Siegel | Staff Writer

 
 

The Manatee County School District released a line item budget for the 2013-14 fiscal year Friday night in advance of a public hearing Thursday.

The $565 million budget, which is tentative, includes $10.3 million to build a state-mandated reserve of 3% for next year. 

Rising home values will bring the district $5.5 million more in revenue from property taxes compared to last year, although the School Board previously approved a 0.22% reduction in the tax rate.



The millage rate will go down — from 7.59 mills to 7.57 mills, although homeowners will pay more in school property taxes due to a roughly 4% increase in property values.

The School Board will not vote to adopt the budget until Sept. 9. 


Thursday’s public hearing will be held 1 p.m. Thursday at 215 Manatee Avenue West. 

See the budget at http://www.manatee.k12.fl.us/hot_topics/pdfs/budget_2013-2014/Line_Item_Detail_Budget.pdf

Contact Josh Siegel at jsiegel@yourobserver.com

 

 

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