The Palm Beach County School Board voted unanimously Wednesday, Sept. 5 to approve the fiscal year 2019 final budget and millage rate.
The FY 2019 budget is approximately $3.09 billion. Of the total budget, $1.89 billion is earmarked for the district’s general fund to pay for operational costs, including meeting the state mandate to add a police officer at every school, and $664 million is dedicated to the capital budget that funds construction projects, maintenance, technology and buses.
The budget includes $12.7 million for salary reserves, adds 55 school monitors at secondary schools with enrollment greater than 400, and includes additional overtime and services for security at certain high school athletic events.
The approved millage rate of 6.572 mills for FY 2019 is lower than the 6.769 mills assessed for FY 2018.
The FY 2019 budget includes money from the 2014 referendum that funds arts, physical education, music and choice and career academy teachers.
The proposed referendum that will appear on PBC ballots on Nov. 6 is not included in the FY 2019 budget.
The School District of Palm Beach County is the 10th largest in the nation and the fifth largest in the State of Florida with 179 district-operated schools, serving more than 193,000 students.
Visit www.palmbeachschools.org to learn more.
