The Florida Legislature gave school districts the option Saturday to shift funds intended for capital improvement to day-to-day operating budgets. However, the school boards must raise taxes to replenish their capital funds. A tax increase will require super-majority, like two-thirds or three-fourths, approval from school board members. The tax would amount to $25 per $100,000 of taxable assessed property value.
Don’t expect the local school boards to pass a tax increase.