The total Proposed Millage Rate for 2026-27 is 6.0540 Mills.  It includes the Required Local Effort Millage of 3.056 Mills, a Discretionary Millage of .7480, a Voter Approved Millage .7500, and a Capital Outlay Millage of 1.5 Mills.  The State sets the Required Local Effort Millage, while all others are levied at the discretion of the Board.

The School Taxable Value is based on property values set by the Lake County Property Appraiser. For the 2026-27 fiscal year, it is $53 Billion. The increase in School Taxable Value is due to new construction and rising values on existing property.  

This graph shows Local Property Tax Revenue per Student, providing a more meaningful measure of the revenue available to support each student. Under Florida’s FEFP formula, as local tax revenue increases, the State reduces its share of FEFP funding. As a result, a significant portion of the growth in local property tax revenue replaces State funding rather than providing additional resources to the District.