Agenda Item Name:
Title
FY21 Tentative Budget and Proposed Millage for the Children's Trust of Alachua County
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Presenter:
Ron Akins 352-334-6248
Description:
FY21 Tentative Budget and Proposed Millage for the Children's Trust of Alachua County
Recommended Action:
Recommended Action
Receive the Chair letter from the Children's Trust of Alachua County regarding its FY21 Tentative Budget and Proposed Millage
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Prior Board Motions:
N/A
Fiscal Consideration:
Fiscal Consideration
N/A
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Background:
The below Florida Statute pertains to the Children’s Trust of Alachua County:
Per F.S. 125.901; On or before July 1 of each year, the council on children’s services shall prepare a tentative annual written budget of the district’s expected income and expenditures, including a contingency fund. The council shall, in addition, compute a proposed millage rate within the voter-approved cap necessary to fund the tentative budget and, prior to adopting a final budget, comply with the provisions of F.S. 200.065, relating to the method of fixing millage, and shall fix the final millage rate by resolution of the council. The adopted budget and final millage rate shall be certified and delivered to the governing body of the county as soon as possible following the council’s adoption of the final budget and millage rate pursuant to Chapter 200. Included in each certified budget shall be the millage rate, adopted by resolution of the council, necessary to be applied to raise the funds budgeted for district operations and expenditures. In no circumstances, however, shall any district levy a millage to exceed a maximum of 0.5 mills of assessed valuation of all properties within the county which are subject to ad valorem county taxes.