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I. In November 2010, the electorate of Indian River County approved via ballot referendum a Critical Operating Needs Millage of 0.25 mills for fiscal years 2011/12 and 2012/13. This voter approved millage referendum generates approximately $3 million for the School District of Indian River County. However, the authority granted for the voter approved millage expires at the end of fiscal 2012/13. J. In November of 1990, the electorate of Indian River County, approved via ballot referendum a General Obligation Bond of $61.4 million for the construction of a north county high school and a south county middle school, acquisition of a site for a south county high and middle school, improving and remodeling of the District's elementary and middle schools including a special education center, and connecting several schools to water and sewer infrastructure. This voter approved general obligation bond millage, currently set at 0.35 mills, generates approximately $4 million for the School District of Indian River County. However, the authority granted for the voter approved millage, expires at the end of fiscal 2012/13 when the final payment on the bond obligation will be made. K. The School District needs sufficient revenues to maintain and improve its high quality public schools. L. Section 1011.73(2), Florida Statutes, provides electoral authorization of ad valorem millage for four (4) years for operating purposes pursuant to a voter referendum. M. Section 1011.71(9), Florida Statutes, authorizes a School District to levy, by local referendum, additional millage for school operational purposes up to an amount that, when combined with the non -voted millage levy, does not exceed the 10 mill limit established under the Florida Constitution. N. The School Board has determined that it is in the best interests of the students in Indian River County to submit to the voters the question of approving an ad valorem millage continuation of 0.6 mill for four (4) years for essential operating needs such as teachers, instructional materials, and technology in order to provide all students with high quality educational opportunities beginning July 1, 2013, and ending four (4) fiscal years later on June 30, 2017, with annual reporting to the citizenry. SECTION 3. ESSENTIAL OPERATING NIILLAGE. Subject to approval by the electors of the School District at a referendum held as provided in Section 1011.73(2), Florida Statutes, an 0.6 mill shall be levied within Indian River County for essential operating needs of the School District, as defined in the preceding paragraph, for the 2013-2014, 2014-2015, 2015-2016, and 2016-2017