up
Budget Year / Version:  
anchor
anchor
anchor

Description

This project reconciles the Board of Education's request with the County Executive's recommendation based on affordability considerations. The FY21-26 CIP was developed under constrained resources. For example, through the Spending Affordability Guideline process, general obligation bond and PAYGO funding were reduced by $99 million over the six-year period to ensure greater operating budget flexibility. In addition, schools impact taxes, a key MCPS CIP funding source, are now estimated to be $33.7 million below the FY19-24 six-year funding.
In contrast, the MCPS CIP request was $74.2 million, or 4.3 percent, above the prior approved funding with an $320.4 million total increase in FY21 ($61.3 million), FY22 ($97.0 million), FY23 ($98.4 million), and FY24 ($63.8 million) when resources are particularly constrained.

In order to fund MCPS's accelerated school construction schedule, more funding will be needed. Currently, the State funds only 20.5 percent of the Montgomery County Public Schools CIP. While the State Legislature and the Governor have expressed an interest in significantly expanding State Aid for school construction, matching requirements and other rules that drive down the State's cost share will need to be modified to make it possible for the County to afford to use additional State Aid. The County Executive intends to work closely with the Board of Education, the County Council, and our State delegation to ensure forthcoming State legislation allows the County to maximize its ability to access additional State Aid for school construction.

In January, the County Executive deferred recommending increases in Current Revenue funding until they can be considered in the context of the operating budget. Now that operating budget resources and demands are known, additional Current Revenue reductions are recommended to fund operating budget costs.

anchor

Phase

Ongoing

Status

Active
anchor
Budget Snapshot
$0M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
Download & Explore
Budget Snapshot
$0M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
anchor
Project Details
Project NumberP056516
Date Last Modified05/14/20
Administering AgencyPublic Schools
CategoryMontgomery County Public Schools
SubCategoryMiscellaneous Projects
Planning AreaCountywide
anchor
Total Expenditures by Cost Element (000s)
anchor
Total Funding by Source (000s)
EXPENDITURES (000s)
Cost ElementsTotalThru FY19Est FY20Total 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26Beyond 6 Years
Planning, Design and Supervision00000000000
Land00000000000
Site Improvements and Utilities00000000000
Construction00000000000
Other00000000000
Total Expenditures00000000000
FUNDING (000s)
Funding SourceTotalThru FY19Est FY20Total 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26Beyond 6 Years
Current Revenue: General00000000000
G.O. Bonds00000000000
State Aid00000000000
Total Funding Sources00000000000
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 21 Request0
Year First AppropriationFY15
Appropriation FY 22 Request0
Last FY's Cost Estimate0
Cumulative Appropriation0
Expenditure / Encumbrances0
Unencumbered Balance0