Tuesday, July 21, 2020
NOTICE OF PROPOSED TAX INCREASE
The District School Board of Nassau County, Fl. will soon consider a measure to increase its property tax levy.
Last year's property tax levy
A. Initially proposed tax levy $ 61,945,174
B. Less tax reductions due to Value Adjustment Board and other assessment changes $ 45,475
C. Actual property tax levy $ 61,899,699
This year's proposed tax levy $ 65,731,277
A portion of the tax levy is required under state law in order for the school board to receive $50,891,556 in state education grants.
The required portion has increased by 1.21
percent, and represents approximately six-tenths of the total proposed taxes.
The remainder of the taxes is proposed solely
at the discretion of the school board.
All concerned citizens are invited to a public hearing on the tax increase to be held on
Monday, July 27, 2020, at 6:30 p.m. in the Boardroom at the School Board Office at
1201 Atlantic Ave., Fernandina Beach, Fl 32034.
A DECISION on the proposed tax increase and the budget will be made at this hearing.