...The graphic above was given to Commission in advance for their consideration. By holding counties harmless, the counties that would have had a negative “difference” (Carroll, Frederick, Harford, and Queen Anne’s) will retain their FY 2019/FY 2020 calculations of funding. Baltimore City was treated separately. While the City was not held harmless from a reduction in it’s state share, the Commission approved a motion to revise the State Cost Share formula to be consistent with the statutory change defining Tier 1 counties, to include a 24-month grace period to factor unemployment rate and income level. As a result of this motion, Baltimore City’s state share percent will actually increase by 3% over the prior year. Counties that were calculated to receive increased funding will still receive the allocated amount of new funding.
The IAC also adopted a common definition of pay-as-you-go funding as required by HB 1738. The need for this common definition is because some counties use sources of local revenue other than General Obligation bonds or traditional PAYGO, such as specific revenues from dedicated sources. To most effectively capture these various funding mechanisms, the IAC issued a letter to the LEAs with the following definition:...
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