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Escambia School Board Approves Tentative Budget, Lower Millage Rate
August 2, 2023
The Escambia County school board approved a tentative millage rate and budget during a special meeting Tuesday.
The board approved a total tentative millage rate of 5.144. It’s a rate lower than the current year rate of 5.274 mills, but due to rising home values, it will generally cost many taxpayers more.
Due to increased property values, the total tax collected will increase. The total millage rate to be levied exceeds the roll-back rate by 9.60%, A lower rolled-back rate is the tax rate that would generate the same amount of property tax revenue as approved for the prior year. A millage rate higher than the rolled-back rate is defined by the State of Florida as a tax increase and must be advertised as such.
The board will vote on approving the final millage rate and budget at a meeting in September.
The district’s total budget is set at almost $740 million.
Pictured: Escambia County School Board District 5 member Bill Slayton makes a millage motion during a special meeting Tuesday. Photo for NorthEscambia.com, click to enlarge.
Comments
7 Responses to “Escambia School Board Approves Tentative Budget, Lower Millage Rate”
Thinking of buying a home down the road from Tate high school but property tax is $7500. This is crazy!! We will move to Santa Rosa as more and more will avoid Escambia Co and people will move out.. it that anyone cares but we are one of many families. Something should be done about this..
@North of I-10
Yes, Bill Slayton is up for reelection in 2024. District 5 currently has 2 candidates that have pre-filed for this seat. Scott Taylor and Josh Luther are the current candidates as of today 8/4/2023. Not sure if anyone else will file but there is a start if Slayton retires or decides to run again, he won’t be running solo.
Slayton needs to retire any man to say he been through 7 superintendent is 6 to many
Is slayton up for re-election? Trying to fool voters once again?
15% of 322,000 = 48,300 school age children
$740,000,000.00 / 48,300 students = 15,320.00/student
Using RaD’s #’s…
$740,000,000.00 / 50,000 students = $14,800.00/student
The math is off a bit!
Approximately 22% of residents are children 0-18. 15% of them are school age. With a population of 322,000, that comes to right at 50,000 students. $740M divided by 50,000 is $13,700 per student.