Blog Moving Announcement!

Hello everyone!

The SMOB's blog has been moved to Thanks for following!

Friday, January 28, 2011

List of Potential Budget Cuts

Recently, the Governor released his budget, which included $37 million more in state aid to MCPS than originally anticipated. Most of this increase will help make up for the loss of federal stimulus funds this year.

Moreover, MCPS has been able to save $15 million this year that will go towards next year's budget. However, we're still facing a crisis at the local level. County Executive Ike Leggett said that his proposed budget won't meet the state's Maintenance of Effort requirement.

In order to meet MOE, we have to provide an increase of $82 million in funding to cover increased enrollment. However, we may have to cut $82 million from our budget if the county doesn't provide this funding. This would require eliminating step increases ($28 million), further delaying funding future retiree benefits ($6 million), and personnel/program reductions ($48 million).

As a result, Dr. Weast recently released a list of possible budget reductions. Below is the list - however, it's important to keep in mind that these reductions are listed randomly and are not final.

No comments:

Post a Comment

Comments will be moderated.