Public Hearing to Adopt Final Millage and Budget

agenda: THE SCHOOL BOARD OF SARASOTA COUNTY,FLORIDA Landings Administrative Complex 1980 Landings Boulevard Public Hearing to Adopt Final Millage and Budget September 15, 2026 5:01 PM

A. Call to Order

B. Statement Regarding the Final Millage Rates and Budget

1. STATEMENT REGARDING THE 2026 FINAL MILLAGE RATES AND BUDGETLinked attachment: STATEMENT REGARDING THE 2026 FINAL MILLAGE RATES AND BUDGET Official source: https://sarasotacountyschools.community.diligentoneplatform.com/document/310d5e26-290a-4633-bf40-f5a5bc0f5117 Title

On July 21, 2026 the Board authorized to advertise the 2026 proposed millage rates and 2026-27 tentative budget. The Notice of Proposed Tax Increase, Budget Summary, and Capital Outlay Notice were duly advertised on the District’s and Sarasota County’s publicly accessible websites beginning July 24, 2026. The Board approved the proposed millage rates and 2026-27 tentative budget on July 28, 2026. The Sarasota County School Board’s 2026 taxable assessed property values represent a 1.52% increase from the 2025 certified tax value. The 2026 proposed Required Local Effort Millage rate of 2.681 mils represents 6.64% decrease from last year’s rolled-back millage rate. The total 2026 proposed millage rate represents a 3.56% decrease from last year’s rolled-back millage rate. The Required Local Effort millage must be levied by the School Board if the district is to participate and receive any Florida Education Finance Program (FEFP) funds in fiscal year 2026-27. The operating millage is required to hire staff for the school district, pay negotiated salary and fringe benefits to staff, the cost of fuel, electricity, and other goods and services.

On July 21, 2026 the Board authorized to advertise the 2026 proposed millage rates and 2026-27 tentative budget. The Notice of Proposed Tax Increase, Budget Summary, and Capital Outlay Notice were duly advertised on the District’s and Sarasota County’s publicly accessible websites beginning July 24, 2026. The Board approved the proposed millage rates and 2026-27 tentative budget on July 28, 2026. The Sarasota County School Board’s 2026 taxable assessed property values represent a 1.52% increase from the 2025 certified tax value. The 2026 proposed Required Local Effort Millage rate of 2.681 mils represents 6.64% decrease from last year’s rolled-back millage rate. The total 2026 proposed millage rate represents a 3.56% decrease from last year’s rolled-back millage rate. The Required Local Effort millage must be levied by the School Board if the district is to participate and receive any Florida Education Finance Program (FEFP) funds in fiscal year 2026-27. The operating millage is required to hire staff for the school district, pay negotiated salary and fringe benefits to staff, the cost of fuel, electricity, and other goods and services.

C. Public Hearing Regarding Final Millage Rates and 2026-27 Budget

D. Adoption of Final Millage Rates

1. ADOPTION OF 2026 FINAL MILLAGE RATESLinked attachment: ADOPTION OF 2026 FINAL MILLAGE RATES Official source: https://sarasotacountyschools.community.diligentoneplatform.com/document/4ab3d32c-cf4d-4023-9c85-c1cb922ab7fb Title ADOPTION OF 2026 FINAL MILLAGE RATES

Recommendation That the Sarasota County School Board adopt the following millage rates as presented:

MILLAGE LEVY 2026 PROPOSED MILLAGE RATE

Required Local Effort 2.681

Basic Discretionary 0.748

Capital Outlay 1.500

Voted Operating (Referendum) 1.000

TOTAL Millage Rate 5.929

ESE524 2026-27 Final.pdfLinked attachment: ESE524 2026-27 Final.pdf Official source: https://sarasotacountyschools.community.diligentoneplatform.com/document/dcd56817-4195-4ccf-93b2-3d6c338b328d ESE 524 Page 1 Please return completed form to: Florida Department of Education Office of Funding & Financial Reporting 325 West Gaines Street, Room 814 Tallahassee, Florida 32399-0400 Or email to: OFFRSubmissions@fldoe.org FLORIDA DEPARTMENT OF EDUCATION RESOLUTION DETERMINING REVENUES AND MILLAGES LEVIED RESOLUTION OF THE DISTRICT SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA, DETERMINING THE AMOUNT OF REVENUES TO BE PRODUCED AND THE MILLAGE TO BE LEVIED FOR THE GENERAL FUND, FOR THE DISTRICT LOCAL CAPITAL IMPROVEMENT FUND AND FOR DISTRICT DEBT SERVICE FUNDS FOR THE FISCAL YEAR BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027. WHEREAS, section 1011.04, Florida Statutes (F.S.), requires that, upon receipt of the certificate of the property appraiser giving the assessed valuation of the county and of each of the special tax school districts, the school board shall determine, by resolution, the amounts necessary to be raised for current operating purposes and for debt service funds and the millage to be levied for each such fund, including the voted millage; and WHEREAS, s. 1011.71, F.S., provides for the amounts necessary to be raised for local capital improvement outlay and the millage to be levied; and WHEREAS, the certificate of the property appraiser has been received; THEREFORE, BE IT RESOLVED by the district school board that the amounts necessary to be raised, as shown by the officially adopted budget, and the millages necessary to be levied for each school fund of the district for the fiscal year are as follows: 1. b) Description of levy $ 118,845,634,794 $ 305,309,681 2.6760 mills Prior-Period Funding $ mills Total Required Millage $ 305,880,141 2.6810 mills 2. b) Description of levy $ 118,845,634,794 $ 85,340,673 0.7480 mills 3. b) Description of levy $ 118,845,634,794 $ 114,091,810 1.0000 mills $ mills c) Amount to be raised c) Amount to be raised 570,460 0.0050 c) Amount to be raised d) Millage levy s. 1011.62(4), F.S. s. 1011.62(4)(e), F.S. s. 1011.73(1), F.S. Additional Capital Improvement s. 1011.71(1), F.S. ss. 1011.71(9) and 1011.73(2), F.S. DISTRICT SCHOOL TAX DISCRETIONARY MILLAGE (nonvoted levy) DISTRICT SCHOOL TAX ADDITIONAL MILLAGE (voted levy) Required Local Effort a) Certified taxable value DISTRICT SCHOOL TAX (nonvoted levy) Additional Operating Discretionary Operating Adjustment Millage d) Millage levy d) Millage levya) Certified taxable value a) Certified taxable value

ESE 524 Page 2 4. b) Description of levy $ 118,845,634,794 $ 171,137,715 1.5000 mills $ 0 mills 5. b) Description of levy $ $ mills $ mills $ mills DISTRICT LOCAL CAPITAL IMPROVEMENT TAX (nonvoted levy) DISTRICT DEBT SERVICE TAX (voted levy) a) Certified taxable value a) Certified taxable value Local Capital Improvement Discretionary Capital Improvement c) Amount to be raised s. 1010.40, F.S. s. 1011.74, F.S. c) Amount to be raised d) Millage levy d) Millage levy s. 1011.71(2), F.S. s. 1011.71(3), F.S. 6. THE TOTAL MILLAGE RATE TO BE LEVIED EXCEEDS IS LESS THAN THE ROLLED-BACK RATE COMPUTED PURSUANT TO S. 200.065(1), F.S., BY 3.56 PERCENT. STATE OF FLORIDA COUNTY OF SARASOTA I, TERRENCE CONNOR, superintendent of schools and ex-officio secretary of the District School Board of SARASOTA County, Florida, do hereby certify that the above is a true and complete copy of a resolution passed and adopted by the District School Board of SARASOTA County, Florida, on SEPTEMBER 15, 2026. September 16, 2026 Signature of District School Superintendent Date of Signature Note: Copies of this resolution shall be submitted to the Florida Department of Education at OFFRSubmissions@fldoe.org, or Florida Department of Education, School Business Services, Office of Funding and Financial Reporting, 325 West Gaines Street, Room 814, Tallahassee, Florida 32399-0400; county tax collector; and county property appraiser.

That the Sarasota County School Board adopt the following millage rates as presented: MILLAGE LEVY 2026 PROPOSED MILLAGE RATE

Required Local Effort 2.681

Basic Discretionary 0.748

Capital Outlay 1.500

Voted Operating (Referendum) 1.000

TOTAL Millage Rate 5.929

E. Adoption of Final Budget

1. ADOPTION OF THE 2026-2027 BUDGETLinked attachment: ADOPTION OF THE 2026-2027 BUDGET Official source: https://sarasotacountyschools.community.diligentoneplatform.com/document/cb2f98ce-bdbf-4a49-b7e8-31adf61b25ce Title ADOPTION OF THE 2026-2027 BUDGET

Recommendation That the Sarasota County School Board approve the 2026-2027 Fiscal Year Budget.

Attachments 2026-2027 All Funds Summary by Revenues and Appropriations ESE 139 District Summary Budget 2026-2027 Adopted Budget Book

All Funds Summary.pdfLinked attachment: All Funds Summary.pdf Official source: https://sarasotacountyschools.community.diligentoneplatform.com/document/eaab8c7c-666c-4ac1-b1b5-305af1fcafd3 Unaudited Adopted Unaudited Adopted Unaudited Adopted Unaudited Adopted Unaudited Adopted Unaudited Adopted Actuals Budget Actuals Budget Actuals Budget Actuals Budget Actuals Budget Actuals Budget 2025-2026 2026-2027 2025-2026 2026-2027 2025-2026 2026-2027 2025-2026 2026-2027 2025-2026 2026-2027 2025-2026 2026-2027 REVENUES Federal Direct 403,921$ 371,468$ 1,967,816$ 1,967,816$ -$ -$ 1,204,689$ 2,704,689$ -$ -$ 3,576,426$ 5,043,973$ Federal Through State 1,338,950 1,006,960 - - 1,812,163 - 44,606,795 46,399,120 - - 47,757,908$ 47,406,080$ State Sources 65,630,832 73,480,376 340,903 212,231 9,142,427 6,633,058 157,417 155,065 - - 75,271,579$ 80,480,730$ Local Sources 541,071,644 518,276,713 1,370,599 64,757 227,864,346 212,017,449 20,579,274 19,331,937 93,162,404 94,900,501 884,048,267$ 844,591,357 TOTAL REVENUES 608,445,347 593,135,517 3,679,318 2,244,804 238,818,936 218,650,507 66,548,175 68,590,811 93,162,404 94,900,501 1,010,654,180 977,522,140 Transfers In 55,836,301 58,616,530 44,414,874 39,694,930 13,062 - 1,000,000 800,000 400,000 750,000 101,664,237 99,861,460 Non Revenue Sources 63,716 - - - 7,800,440 12,276,254 - - - - 7,864,156 12,276,254 Nonspendable Fund Balance 16,246,191 15,081,819 - - - - - - - - 16,246,191 15,081,819 Restricted Fund Balance 13,118,430 13,640,542 37,143,653 41,009,325 363,254,144 310,353,263 12,804,619 12,949,926 - - 426,320,846 377,953,056 Assigned Fund Balance 6,855,207 4,800,148 - - - - - - - - 6,855,207 4,800,148 Unassigned Fund Balance 68,780,465 58,400,250 - - - - - - 29,184,637 22,395,010 97,965,102 80,795,260 TOTAL REVENUE, TRANSFERS AND FUND BALANCES 769,345,657$ 743,674,806$ 85,237,845$ 82,949,059$ 609,886,582$ 541,280,024$ 80,352,794$ 82,340,737$ 122,747,041$ 118,045,511$ 1,667,569,919$ 1,568,290,137$ EXPENDITURES Instruction 436,693,819$ 427,278,921$ -$ -$ -$ -$ 17,191,394$ 18,442,442$ -$ -$ 453,885,213$ 445,721,363$ Pupil Personnel Services 39,486,251 40,301,823 - - - - 4,428,216 3,242,679 - - 43,914,467 43,544,502 Instructional Media Services 4,072,497 3,487,990 - - - - 2,722 13,273 - - 4,075,219 3,501,263 Instruction and Curriculum Development 4,156,654 3,325,908 - - - - 288,337 476,348 - - 4,444,991 3,802,256 Instructional Staff Training Services 5,427,095 3,180,928 - - - - 5,113,170 9,123,288 - - 10,540,265 12,304,216 Instruction-Related Technology 3,740,731 3,728,476 - - - - 918 - - - 3,741,649 3,728,476 Board of Education 1,053,753 1,348,167 - - - - - - - - 1,053,753 1,348,167 Legal Services 1,996,775 1,800,000 - - - - - - - - 1,996,775 1,800,000 General Administration 3,844,129 3,703,738 - - - - 1,143,907 1,152,338 - - 4,988,036 4,856,076 School Administration 29,755,163 27,992,417 - - - - 30,888 6,582 - - 29,786,051 27,998,999 Facilities Acquisition and Construction 6,057,310 4,997,179 - - 199,282,144 352,290,535 - 231 - - 205,339,454 357,287,945 Fiscal Services 3,144,427 2,803,322 - - - - - - - - 3,144,427 2,803,322 Food Services 483 66,985 - - - - 28,502,103 29,144,030 - - 28,502,586 29,211,015 Central Services 8,215,487 8,954,140 - - - - 724,678 670,087 100,352,031 97,794,635 109,292,196 107,418,862 Pupil Transportation 25,874,223 26,803,923 - - - - 65,227 60,317 - - 25,939,450 26,864,240 Operation of Plant 64,797,196 64,219,993 - - - - - 8,270 - - 64,797,196 64,228,263 Maintenance of Plant 23,660,076 25,879,087 - - - - - - - - 23,660,076 25,879,087 Administrative Technology Services 9,425,429 8,490,213 - - - - - - - - 9,425,429 8,490,213 Community Services 4,621,400 3,048,833 - - - - 9,911,308 8,324,235 - - 14,532,708 11,373,068 Debt Service - - 44,215,458 82,948,970 - - - - - - 44,215,458 82,948,970 TOTAL EXPENDITURES 676,022,898 661,412,043 44,215,458 82,948,970 199,282,144 352,290,535 67,402,868 70,664,120 100,352,031 97,794,635 1,087,275,399 1,265,110,303 Transfers Out and Other Financing 1,400,000 1,550,000 13,062 - 100,251,175 98,311,460 - - - - 101,664,237 99,861,460 Nonspendable Fund Balance 15,081,819 15,081,819 - - - - 971,575 1,000,000 - - 16,053,394 16,081,819 Restricted Fund Balance 13,640,542 20,640,542 41,009,325 89 - - 11,978,351 10,676,617 - - 66 ESE139 2026-27 Final.pdfLinked attachment: ESE139 2026-27 Final.pdf Official source: https://sarasotacountyschools.community.diligentoneplatform.com/document/450ec84d-ccd9-4129-a57e-96577e9bd7db Page 22 Page 22

Page 23 Page 23

Page 25 Page 25 Final 2026-2027 Adopted Budget Book - Board Electronic Linked.pdf

That the Sarasota County School Board approve the 2026-2027 Fiscal Year Budget.

F. Adjournment