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Board sets millage at 5.637 and approves tentative budget; FEMA loan and hurricane relief funds remain under review
Summary
The board adopted a tentative millage rate of 5.637 and approved a tentative balanced budget that includes a $3 million appropriations line labeled as hurricane relief; staff reported a FDIM loan with $6.1 million obligated, $4.3 million paid by FEMA, $1.7 million still owed and $3.8 million in appeals.
Taylor County School Board members approved a tentative millage rate of 5.637 and adopted a tentative budget the board described as balanced, while staff cautioned that several funding lines remain uncertain. Budget presenter Miss Lacey told the board the total millage rate proposal included a required local effort of 3.139 mills, 1.50 mills for capital outlay, 0.748 mills for discretionary operating, and 0.25 mills in additional millage, totaling 5.637—0.045 mills higher than the previous year. The board voted to set the millage at 5.637. Lacey reported estimated general fund revenue…
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