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Gainesville schools adopt 7.59 millage rate
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The millage rate for the Gainesville school system in fiscal year 2014 has been set at 7.59.

That rate, which remains the same from FY13, was approved unanimously Thursday at a called meeting of the board of education.

The approved FY14 budget, with the general fund set at $57.5 million, was calculated with that 7.59 millage. The total budget, including federal and state funds, is $68.2 million.

One mill equals $1 per each $1,000 in assessed property value. Property is assessed at 100 percent in Gainesville.

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