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FY 23-24 School Tax Millage AnalysisValue % Change 141,644,387,437$ 2,486,671,858 1.76% Plus Increased Value of Existing Property 21,201,047,608 14.97% 165,332,106,903$ 16.72% One Mill equals $1 in tax per $1,000 in taxable value. 2022-2023 2023-2024 PROPOSED ACTUAL ROLL-BACK 2023-2024 MILLAGE MILLAGE(4)MILLAGE General Fund 2.2110 1.9231 2.0440 0.7480 0.6506 0.7480 0.3500 0.3044 0.3500 3.3090 2.8781 3.1420 1.1500 1.0003 1.1500 4.4590 3.8784 4.2920 Change In Total Millage Compared To Rolled Back Rate 10.66% Change In Total Millage Rate, Prior Year Actual To Proposed (3.75%) Figures are rounded for presentation purposes Millage Facts SCHOOL TAX MILLAGE ANALYSIS (4)The Roll-Back Millage is the millage that, applied to the new taxable value (less new construction), provides the same revenue as the prior year. Actual 2022-2023 Roll (Final) Tax Roll For 2023-2024 2023-2024 Excluding prior year adjustments, for fiscal year 2023-2024, the typical Florida school district General Fund Millage is approximately 3.937 mills. The proposed General Fund Millage for Collier School District is 29% less than the typical Florida school district. Plus New Construction 2023-2024 Total General Fund Millage Total Millage Levy Capital Outlay Additional Operating Millage Voter Referendum(3) Required Local Effort (RLE) - State Law(1) (1)RLE Millage is set by the Legislature. The School Board must levy the required amount. (2)Although officially designated as Discretionary Millage, proceeds from this levy are included in the per student funding amounts published by the Governor and Legislature. Discretionary(2) (3)In 2020, Collier County voters approved a referendum allowing the district to reduce Capital Outlay Millage by .35 Mills and levy this Millage for operating purposes. This is a shift in millage and is tax neutral to the taxpayer. 4