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West Orange Times & Observer Wednesday, Sep. 11, 2019 1 week ago

OCPS adopts 2019-20 budget

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School Board members voted unanimously to adopt the proposed 2019-20 Orange County Public Schools budget and supporting millage rates.
by: Danielle Hendrix Associate Editor

Orange County Public Schools' 2019-20 budget, along with the millage rates to support it, has been approved.

During the School Board meeting on Tuesday, Sept. 10, board members unanimously voted to approve a total millage rate of 7.109, as well as the corresponding budget.

Funds allocated for the 2019-20 fiscal year are as follows:

  1. 2019-20 Budget for the General Fund: $2,231,730,988
  2. 2019-20 Budget for the Special Revenue Fund: $170,188,462
  3. 2019-20 Budget for the Debt Service Fund: $227,833,851
  4. 2019-20 Budget for the Capital Projects Fund: $1,984,059,685
  5. 2019-20 Budget for the Internal Service Fund: $348,801,859

Millage rates are the tax rates used to calculate local property taxes, and rates represent the amount per every $1,000 of a property's assessed value. The 2018-19 millage rate was 7.299, while this year's is 7.109. The millage rates approved for the 2019-20 fiscal year are as follows:

  1. Required Local Effort: 3.861
  2. Basic Discretionary: .748
  3. Additional Voted: 1.000
  4. Capital Improvement:1.500
  5. Total: 7.109

To access OCPS' 2019-20 adopted budget, click here.

Danielle Hendrix is the Associate Editor for the West Orange Times & Observer and the Windermere Observer. She is a 2015 graduate of the University of Central Florida, from which she earned a bachelor's degree in journalism with a minor in world comparative studies. ...

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