Monday, September 19, 2016

3PM Today: MCPS Ended with $31.4 Million Surplus

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

No comments:

Post a Comment

If your comment does not appear in 24 hours, please send your comment directly to our e-mail address:
parentscoalitionmc AT outlook.com