Tuesday, May 16, 2017

County, Schools Arrive At Plan For Fully Funding Board of Education Budget

County, Schools Arrive At Plan For Fully Funding Board of Education Budget: Reimbursement from the state will help close .1 million funding gap

...The council’s decision on Monday wouldn’t increase the county contribution from the amount recommended by County Executive Ike Leggett. The $1.663 billion funding level suggested by the county executive is about $19 million above the state-required minimum, but it still left a roughly $2 million hole in the school board’s budget plan.


Officials addressed this shortfall with money from the state, which provided a one-time reimbursement for costs related to the county’s state pension contribution. MCPS received about $4.1 million in fiscal 2017 and was able to carry over about $2.1 million to next year’s budget, which goes into effect July 1, according to a staff report...

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