Subject:
Title
Announcement of the Percentage Change in the FY 2020-2021 Aggregate Tentatively Adopted Millage from the Aggregate Rolled-Back Rate
End
Dept/Office:
Budget Office
Requested Action:
Recommendation
It is recommended that the Board assign the task of reading into the record the percentage by which the aggregate millage necessary to fund the tentatively adopted budget for FY 2020-2021 is changed from the aggregate rolled back rate.
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Summary Explanation and Background:
The Budget Office staff will make this announcement. The following FY 2020-2021 rates apply:
Aggregate Rolled Back Rate 5.7176 mills
Aggregate Tentatively Adopted Rate 5.6404 mills
Percentage Change (1.35%) (including voted millages)
The tentative rate represents a 3.50% reduction from the current fiscal year aggregate rate of 5.8447.
Clerk to the Board Instructions:
Maintain necessary documents for records retention