HILLSBOROUGH COUNTY, Fla. — On Thursday the Hillsborough County School Board will hold the final public hearing on the new budget and millage rate.
The total proposed millage levy for the 2023-2024 fiscal year is 5.4000 mills, which is the maximum rate allowed by law.
According to district documents, that means someone who owns a $125,000 home, after deducting the $25,000 homestead exemption, would pay $540.
This would be a decrease of $8.70 from last year’s millage.
The school board meeting begins at 4 p.m.
