School Board adopts 2019-20 tentative millage and budget

PRESENTING for the public hearing was Walton County School District (WCSD) Chief Financial Director Stephanie Hofheinz.

Story and photo by JENNA BAILEY

On Monday, July 29, the Walton County School Board held a special meeting at 5:05 p.m. at the Tivoli Administrative Complex in DeFuniak Springs. The purpose of the meeting was for a public hearing and discussion of the tentative millage and tentative budget for the 2019-2020 fiscal year (FY). 

Presenting for the public hearing was Walton County School District (WCSD) Chief Financial Director Stephanie Hofheinz. Items discussed at the meeting included the 2019-20 budget calendar timeline; 2019-20 tentative budget; general funds; millage rates; general operating budget and expenditures; debt services budget; and capital outlay budget and projects.

Florida Dept. of Revenue (FDR): Budget Calendar Timeline — On Tues., July 16, 2019 WCSD Superintendent Russel Hughes officially submitted the proposed tentative budget for 2019-20 and corresponding advertisements to the School Board for approval. On Fri., July 19, 2019 the district received required local effort millage and State FEFP (Florida Education Finance Program) revenue numbers from the Florida Dept. of Education (FDE). On Wednesday, July 24, 2019 the tentative budget and required advertisements were published in the DeFuniak Springs Herald Breeze. On Mon., July 29, 2019 was the public hearing for the tentative budget and millage. On Tues., September 3, 2019, a public hearing will be held regarding the final millage and budget for FY 2019-20. On Fri., September 6, 2019, there will be a presentation regarding a resolution to the tax collector, property appraiser, and FDR.  On Fri., October 4, 2019 the TRIM (truth in millage) compliance package is due to the FDR.

The tentative budget for General Fund is $137,094,605. The tentative budget for Food Service is $3,785,395. The tentative budget for Federal is $6,511,104. The tentative budget for Debt Service and $6,525,293. The tentative budget for Capital Projects is $70,774,940. The total tentative budget is $244,418,940. The total tentative millage rate for FY 2019-20 is 5.022. This is a decrease by 0.039 compared to the millage rate 5.061 in FY 2018-19. The WCSB adopted the tentative millage and resolution #1920-07 for FY 2019-2020. Additionally, the WCSB adopted the tentative budget and resolution #1920-08 for FY 2019-2020.