Tampabay.com
JULY 02, 2009

It's official: Pasco's property values sink below state estimates

OpenWallet In setting the Pasco school district's 2009-10 budget target, the Florida Legislature projected that the county would see its local taxable value dip by 11 percent.

District officials didn't believe it for a second. The numbers, they argued, would look even worse.

They were right.

The Pasco property appraiser has released his official tax roll, and the decrease is 13.83 percent -- leaving yet another funding gap for the district to overcome. Schools chief financial officer Olga Swinson expected this to happen to some extent, and now that she has the figures in hand she's working out the total impact and some recommendations for how to deal with it.

The Pasco School Board expects to review the details Tuesday during a budget workshop.

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Gradebook features education articles and insights on schools in Florida, focusing on Tampa Bay area schools. What's the latest from the Florida Department of Education? How is the FCAT being used to compare Florida schools? What's going in on in Tampa Bay schools? Get an insider's view from the Times education reporting team.

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THE TEAM

Rebecca Catalanello covers Pinellas County schools. E-mail her: rcatalanello@tampabay.com.

Tony Marrero covers Hernando County schools. E-mail him: tmarrero@tampabay.com.

Marlene Sokol covers Hillsborough County schools. E-mail her: sokol@tampabay.com.

Ron Matus covers Pinellas County schools. E-mail him: matus@tampabay.com.

Jeffrey S. Solochek covers Pasco County schools. E-mail him: solochek@tampabay.com.

Kim Wilmath covers the University of South Florida. E-mail her: kwilmath@tampabay.com.

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