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  1. The Education Gradebook

Pinellas School Board approves $1.3 billion budget, lower tax rate

Published Sep. 9, 2014

The Pinellas County School Board voted unanimously Tuesday to approve a $1.3 billion budget for the 2014-15 school year that includes new academic programs and the rebuilding of Largo High.

The budget includes a slightly lower property tax rate for homeowners. The rate is $7.84 per $1,000 of taxable value; that's down from $8.06 last year. Despite the lower rate, some homeowners could see an increase in their taxes because of a bump in property values.

The owner of a house valued at $200,000 with a $25,000 homestead exemption would pay about $1,372 under the new rate, about $38 less than last year. School taxes aren't subject to the full $50,000 in the state's homestead exemption.

The School Board doesn't set most of its property tax rate; the state does.

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