Pinellas County Schools Approved Budget

  • District Approved Budget

    For the 2024–2025 fiscal year, the School Board approved a total property tax rate of 5.822 mills, which amounts to approximately $5.82 for every $1,000 of assessed property value. This rate is lower than the rate levied for the 2023–2024 fiscal year and includes the local referendum, a one-half mill tax that Pinellas County voters overwhelmingly renewed in 2008, 2012, 2016, and 2020. In November 2024, voters once again renewed the referendum and approved an increase from one-half mill to one full mill, which will be reflected in the tentative budget for the 2025–2026 fiscal year. To learn more, please visit the district’s Referendum page.

    Important Dates

    The Tentative Budget hearing for the 2025–2026 school year is scheduled to be held on July 29, 2025, at 6:30 p.m. 
    The Proposed Budget hearing is scheduled for September 9, 2025, at 6:30 p.m.

    General Operating Fund

    The General Operating Fund represents a vital portion of the district’s budget, accounting for approximately 62% of total funding. This fund supports the day-to-day operations of the school district, including instructional services, school administration, transportation, and maintenance.

    The primary revenue source for the $1 billion operating budget is the Florida Education Finance Program (FEFP). FEFP funding is derived largely from state sales tax revenues and local property taxes, ensuring a shared investment in public education across Florida.

    Capital Projects

    Capital Outlay funds are designated for major construction, renovations, remodeling projects, and select large-scale equipment purchases. For the 2025-26 school year, the district has estimated $30 million in capital funding to support ensuring our facilities continue to meet the evolving needs of students and staff.

    District Strategic Plan

    To see how the budget supports and aligns with district priorities, please visit the District Strategic Plan.

    2024-2025 Public Hearing Budget Documents

    July 30, 2024: First Public Hearing on the 2024-2025 Budget and Millage Rates

    September 10, 2024: Second Public Hearing on the 2024-2025 Budget and Millage Rates
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