This project reconciles the Montgomery County Public Schools' CIP request with the County Executive's recommendation based on affordability considerations. Adjustments shown in this project description form (PDF) are based on the annual availability of General Obligations (G.O.) bonds within the annual availability of the County Council approved Spending Affordability Guidelines, related adjustments in estimated State Aid, and a desire to postpone decisions on increasing Current Revenue: General uses until the broader operating budget context is known.

The recommended CIP maintains the record high previously approved level of funding and adds $169.1 million to the first four years of the CIP.

However, the Recommended CIP has been developed under challenging conditions such as significant shortfalls in key MCPS CIP funding sources - particularly recordation taxes, flat levels of GO Bonds, reversions to previous levels of State Aid ($50 million - $56 million annually) after all Built to Learn State Aid is committed to projects, substantial cost increases across all departments and agencies, and a frontloaded MCPS CIP request (see chart below).

Given these circumstances, the MCPS requested CIP is not affordable as requested and delays and reductions will need to be made to fit within available resources.