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Escambia district previews capital-millage revenue, planned projects and transfers
Summary
At a July workshop district finance staff outlined the proposed capital millage plan including revenue estimates, transfers to debt service and insurance, discretionary school and department requests, and major projects such as high-school auditoriums and classroom additions.
Escambia County School District finance staff at the July workshop presented an initial capital-millage plan that pairs preliminary revenue estimates with a list of department and school needs, debt-service transfers and several planned construction projects.
Key figures and structure: Staff projected revenue of about $52 million at a 1.5-mill capital levy on a certified tax roll of roughly $36.1 billion (assuming 96% collection). Identified capital needs and transfers totaled about $48.3 million, leaving an estimated $3.7 million as an ending fund balance or reserve under the district’s preliminary calculations.
Major components shown to the board included: - Department and school replacement cycles (computers, buses, copiers, radios) and discretionary project…
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