SPECIAL SCHOOL BOARD MEETING - FINAL PUBLIC HEARING FOR THE PURPOSE OF ADOPTING THE FY 2022-2023 MILLAGE/BUDGET

1 Tuesday, September 13, 2022 SPECIAL SCHOOL BOARD MEETING - FINAL PUBLIC HEARING FOR THE PURPOSE OF ADOPTING THE FY 2022-2023 MILLAGE/BUDGET 5:30PM ST. JOHNS COUNTY SCHOOL DISTRICT 40 ORANGE STREET - AND VIA WEBEX ST. AUGUSTINE, FLORIDA 32084 1. CALL TO ORDER BY THE BOARD CHAIR 2. ROLL CALL OF BOARD MEMBERS 3. OPENING COMMENTS FROM THE SCHOOL BOARD AND SUPERINTENDENT 4. PRESENTATION OF THE FY 2022-2023 SJCSD FINAL MILLAGE AND BUDGET Subject 4.01 Presentation of the FY 2022-2023 SJCSD Millage and Budget Meeting Sep 13, 2022 - SPECIAL SCHOOL BOARD MEETING - FINAL PUBLIC HEARING FOR THE PURPOSE OF ADOPTING THE FY 2022-2023 MILLAGE/BUDGET Category 4. PRESENTATION OF THE FY 2022-2023 SJCSD FINAL MILLAGE AND BUDGET Type Information Goals GF-4 Maximize Resources File Attachments FY 2022-23 Budget Presentation for Final Publc Hearing September 13, 2022.pdf (785 KB) 5. PUBLIC HEARING OF THE 2022-2023 SJCSD FINAL MILLAGE AND BUDGET 6. REQUEST FOR ADOPTION OF THE RESOLUTION DETERMINING THE FY 2022-2023 REVENUE AND MILLAGES LEVIED FOR THE REQUIRED LOCAL EFFORT, BASIC DISCRETIONARY AND CAPITAL IMPROVEMENT Subject 6.01 Request for Adoption of the Resolution Determining the FY 2022-2023 Revenue & Millage Levied for the Required Local Effort, Basic Discretionary and Capital Improvement Access Meeting Sep 13, 2022 - SPECIAL SCHOOL BOARD MEETING - FINAL PUBLIC HEARING FOR THE PURPOSE OF ADOPTING THE FY 2022-2023 MILLAGE/BUDGET Category 6. REQUEST FOR ADOPTION OF THE RESOLUTION DETERMINING THE FY 2022-2023 REVENUE AND MILLAGES LEVIED FOR THE REQUIRED LOCAL EFFORT, BASIC DISCRETIONARY AND CAPITAL IMPROVEMENT Type Action Recommended Action Adoption of the Resolution Determining the FY 2022-2023 Revenue & Millage Levied for the Required Local Effort, Basic Discretionary and Capital Improvement Goals GF-4 Maximize Resources Background Information: Each year, St. Johns County School District must determine revenue and millages to be levied. Required Local Effort 3.235 Basic Discretionary 0.748 Capital Improvement 1.500 Total Millage 5.483 Educational Impact: These millages support a wide spectrum of educational opportunities across the district. Strategic Plan Impact: Our budget is a revenue and expense plan that ensures the financial stability for the district and the academic success of our students. Fiscal Impact: The fiscal year (FY) 2022-2023 millage for Required Local Effort, Basic Discretionary, and Capital Improvement will contribute to the day-to-day operations of the district and the capital needs of the district, including the retirement of Certificates of Participation debt. Recommendation: Adoption of the Resolution Determining the FY 2022-2023 Revenue & Millage Levied for the Required Local Effort, Basic Discretionary and Capital Improvement. Action Required: Approval of the Superintendent’s recommendation . Drafted, reviewed and submitted by: Cathy Weber, Director for Budget Gretchen Saunders, Chief Financial Officer Michael Degutis, Chief of Staff Sincerely, Tim Forson Superintendent of Schools File Attachments Resolution RE 2022-2023 Revenue & Millage Levied September 2022.pdf (710 KB) Motion & Voting Adoption of the Resolution Determining the FY 2022-2023 Revenue & Millage Levied for the Required Local Effort, Basic Discretionary and Capital Improvement Motion by Bev Slough, second by Patrick Canan. Final Resolution: Motion Carries Yea: Kelly Barrera, Patrick Canan, Bill Mignon, Bev Slough, Anthony Coleman 7. REQUEST FOR THE ADOPTION OF THE RESOLUTION ADOPTING THE FINAL BUDGET FOR THE FY 2022-2023 Subject 7.01 Request for the Adoption of the Resolution Adopting the Final Budget for FY 2022-2023 Meeting Sep 13, 2022 - SPECIAL SCHOOL BOARD MEETING - FINAL PUBLIC HEARING FOR THE PURPOSE OF ADOPTING THE FY 2022-2023 MILLAGE/BUDGET Category 7. REQUEST FOR THE ADOPTION OF THE RESOLUTION ADOPTING THE FINAL BUDGET FOR THE FY 2022-2023 Type Action Recommended Action Adoption of the Resolution Determining the FY 2022-2023 Revenue & Millage Levied for the Required Local Effort, Basic Discretionary and Capital Improvement Goals GF-4 Maximize Resources Background Information: Each year, the St. Johns County School District (SJCSD) must approve a budget describing both revenue and expenses. The FY 2022-2023 SJCSD budget by fund is as follows: Fund Budgeted Revenue Transfers & Fund Balances Budgeted Expenses & Transfers Budgeted Fund Balances General $ 478,910,361.00 $ 435,516,442.00 $ 43,393,919.00 Capital Outlay $ 481,191,845.00 $ 480,984,489.00 $ 207,356.00 Debt Service $ 44,157,498.00 $ 27,631,421.00 $ 16,526,077.00 Special Revenue $ 88,313,981.00 $ 76,290,922.00 $ 12,023,059.00 Subtotal $ 1,092,573,685.00 $ 1,020,423,274.00 $ 72,150,411.00 Internal Service $ 135,928,847.00 $ 64,498,493.00 $ 71,430,354.00 Total $ 1,228,502,532.00 $ 1,084,921,767.00 $ 143,580,765.00 Educational Impact: The budget supports a wide spectrum of educational opportunities across the district. Strategic Plan Impact: Our budget is a revenue and expense plan that ensures the financial stability for the district and the academic success of our students. Fiscal Impact: This $1,228,502,532.00 budget is the district’s FY 2022-2023 fiscal plan. Recommendation: Adoption of the Resolution Adopting the Final Budget for the Fiscal Year 2022-2023. Action Required: Approval of the Superintendent’s recommendation . Drafted, reviewed and submitted by: Cathy Weber, Director for Budget Gretchen Saunders, Chief Financial Officer Michael Degutis, Chief of Staff Sincerely, Tim Forson Superintendent of Schools File Attachments Resolution Re Adoption of 2022-2023 Final Budget September 2022.pdf (960 KB) Motion & Voting Adoption of the Resolution Determining the FY 2022-2023 Revenue & Millage Levied for the Required Local Effort, Basic Discretionary and Capital Improvement Motion by Anthony Coleman, second by Patrick Canan. Final Resolution: Motion Carries Yea: Kelly Barrera, Patrick Canan, Bill Mignon, Bev Slough, Anthony Coleman 8. PUBLIC COMMENT 9. CLOSING COMMENTS FROM THE SCHOOL BOARD AND SUPERINTENDENT 10. ADJOURNMENT