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Tuesday, March 10, 2020

The MCPS entrepreneurial, real estate, and field trip enterprise funds all experienced LOSSES in FY 2019. No More $$$ for Artificial Turf Replacement Fields.

From Page 24 of the MCPS Comprehensive Annual Financial Report (CAFR):

...entrepreneurial, real estate, and field trip enterprise funds
 all experienced losses in FY 2019...  

There is no explanation for why all those MCPS enterprise funds experienced losses and we doubt the Board of Education will ever investigate this.

What we do know is that these MCPS Real Estate funds have been used to pay for the replacement of the Walter Johnson High School artificial turf football field.

We also know that the replacement artificial turf for WJHS cost over $681,899.  (The cost of the planning for the replacement field was not disclosed to the Board of Education or the public.)

January 9, 2020, Montgomery County Board of Education where MCPS COO announces that there is no more money for the replacement of artificial turf fields.



FY 2019 Comprehensive Annual Financial Report:
https://www.montgomeryschoolsmd.org/uploadedFiles/departments/financialservices/FY19CAFR.pdf

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