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CFO: Recommendation keeps millage at 18.70 mills for operations, adds 1.45 for debt
Summary
CFO Masana Millard told the board the district's recommended FY2027 millage is 18.70 mills for maintenance and operations and 1.45 mills for debt service, estimating a modest per-household impact and pointing to digest growth, exemptions and appeals as drivers of net revenue.
Chief Financial Officer Masana Millard presented the administration's recommended millage and explained how the rate supports day-to-day operations, including teacher salaries, transportation and classroom resources.
Millard said the recommendation follows months of budget work and analysis of the final county tax digest. "The final recommendation rate is 18.7 for maintenance and operation, plus 1.45 for debt service," she said, linking the rate to a $3.5 billion total budget and a student population the administration pegged at nearly 179,000. Millard also described digest trends: gross digest growth of roughly 1.9%, net tax digest growth of about 1.4% and rising exemptions that reduce revenue.
She provided a homeowner example and staff estimates: at the recommended rate, a $400,000 home faces an estimated $25 annual change, though actual impact varies by assessed value and exemptions. Staff also told the board a 0.1-mill reduction would reduce revenue by approximately $6—$7 million, a figure board members weighed against reserve levels and ongoing program needs.
