Pinellas County Schools 2022-2023 Approved Budget
The Pinellas County School Board reviewed the district's tentative annual budget at 6:30 p.m.on July 26, 2022 at the First Public Hearing on Budget. The Second and final Public Hearing will be held on September 13, 2022 at 6:30 p.m. in the Conference Hall at the School Administration Building.
The School Board was asked to approve a total property tax rate of 5.963 mills, which amounts to about $5.96 for each $1,000 of assessed property value. This rate is lower than the rate levied for the 2021-2022 fiscal year. The property tax rate also includes the local referendum, a one-half mill tax that Pinellas County taxpayers voted to renew in 2008, 2012, 2016 and 2020, all by large margins. For information about the local referendum, visit our special Referendum website.
General Operating Fund
A crucial portion of the budget, about 56 percent, is the Operating fund.This fund is the primary budget for the day-to-day operations of the school district. The main source of revenue for the $1 billion is the Florida Education Finance Program (FEFP), which gleans much of its state revenue from sales taxes and much of its local revenue from property taxes.
Capital Outlay funds are used for major construction, renovations and remodeling projects as well as certain types of major equipment purchases. Among other capital fund appropriations, the district is allocating $59 million for renovations and new classrooms. Please see the 2022-2023 Capital Outlay Plan.
District Strategic Plan
The 2022-2023 budget aligns with the District Strategic Plan.
Important Dates: July 26, 2022 - First Public Hearing on the 2022-2023 Budget and Millage Rates
September 13, 2022: Second Public Hearing on the 2022-2023 Budget and Millage Rates