Today at 3 PM, the Montgomery County Council's Education Commitee will discuss MCPS' surplus of $31.4 million and the MCPS request to move around $4.2 million.
MCPS wants to move $4 million from Instructional Salaries to pay off a deficit in the Group Insurance Fund. This translates to less money for teacher salaries (new or raises) due to the funding of benefits for existing teachers.
http://www.montgomerycountymd.gov/council/Resources/Files/agenda/cm/2016/160919/20160919_ED1-2.pdf
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