FL S1176

Allows school surtax revenues to be used for operational expenditures, including retaining qualified teachers, protecting student academic programs, and maintaining extracurricular activities, in addition to fixed capital outlay projects.

Requires school boards to covenant to decrease capital local school property taxes levied under s. 1011.71(2) as long as the school surtax remains in effect in order to use surtax revenues for operational purposes.

Permits surtax proceeds to fund facilities and operations of state universities and Florida College System institutions if an interlocal agreement is adopted by the levying school district and those entities, with expenditures limited to facilities located in the county where the surtax is approved.

Changes the title from "school capital outlay surtax" to "school surtax" throughout the Florida Statutes to reflect the expanded permitted uses.

Takes effect July 1, 2013.