This project reconciles the MCPS Capital Improvement Program (CIP) request with the County Executive's recommendation based on affordability considerations. Adjustments displayed are based on the annual availability of General Obligation (GO) bonds within the County Executive's recommendation for the Spending Affordability Guidelines, which in FY27 is $340 million with annual increases of $10 million for inflation for a total of $2.19 billion. This recommendation is higher than the County Council's approved Spending Affordability Guidelines ($1.8 billion) which provides capacity to fund the Board of Education's request to the largest extent possible. Current Revenue: General reductions reflect a desire to postpone decisions on this revenue source until the broader operating budget context is known.

General Obligation bonds reductions include $19.0 million starting in FY29 for inflationary increases included in several level of effort projects that are already assumed in the General Obligation Bond Adjustment Chart. This eliminates holding duplicative capacity and maximizes the use of County resources efficiently and prudently.

This recommended CIP was developed under constrained financial resources. In the first four years of the CIP, when the needs are the highest, Recordation Taxes are flat, Recordation Tax Premium reflects nominal increases, and School Impact Taxes decline significantly. Nevertheless, this recommended CIP is the largest ever recommended for MCPS, funding $380.0 million more than the last approved CIP and adding $300.5 million to the first four years.

In addition to the reductions shown in this PDF, the County Executive's recommended budget does not support the following items: