FL S0604

Increases the millage amount school boards may levy for capital outlay purposes from 1.5 mills to 1.7 mills against taxable value for school purposes.

Raises the combined maximum millage cap for capital outlay from 1.75 mills to 1.95 mills when districts use the additional 0.25 mills for fixed capital outlay needs.

Expands the purposes for which school districts may levy additional millage by referendum or general election to include fixed capital outlay in addition to operational purposes.

Effective date is July 1, 2017.