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Budget Year / Version:  
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Description

This project shows assumed State Aid for FY 2023 - 2028 and includes projections for approximately $229.1 million in traditional State Aid and State Aid for local school systems with significant enrollment growth or relocatable classrooms (EGRC), and over $301.5 million from the Built To Learn Act program. Once actual State Aid is known for specific projects, the amount of such aid is shown in those projects and then this PDF is zeroed out for the budget year. Some of the assumptions reflected in this project are depending upon construction projects within the CIP having prevailing wage costs added. For this reason, a prevailing wage project was created for $40.2 million to ensure State Aid assumptions are feasible and transfers to those projects will be done as needed.
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Phase

Ongoing

Status

Active
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Budget Snapshot
$0M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
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Fiscal Note

FY22 State Aid for $23.9 million related to the Built To Learn Act is assumed in this project. When awarded to specific projects, the FY22 State Aid will be removed from this project and moved to the project awarded.
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Disclosures

MCPS asserts that this project conforms to the requirement of relevant local plans, as required by the Maryland Economic Growth, Resource Protection and Planning Act.
Budget Snapshot
$0M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
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Project Details
Project NumberP896536
Date Last Modified05/17/22
Administering AgencyPublic Schools
CategoryMontgomery County Public Schools
SubCategoryMiscellaneous Projects
Planning AreaCountywide
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Total Expenditures by Cost Element (000s)
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Total Funding by Source (000s)
EXPENDITURES (000s)
Cost ElementsTotalThru FY21Est FY22Total 6 YearsFY 23FY 24FY 25FY 26FY 27FY 28Beyond 6 Years
Planning, Design and Supervision00000000000
Land00000000000
Site Improvements and Utilities00000000000
Construction00000000000
Other00000000000
Total Expenditures00000000000
FUNDING (000s)
Funding SourceTotalThru FY21Est FY22Total 6 YearsFY 23FY 24FY 25FY 26FY 27FY 28Beyond 6 Years
G.O. Bonds-5658800-23880-530600-83200-71000-103373-98285-107312-67430-11400
State Aid5658800238805306008320071000103373982851073126743011400
Total Funding Sources00000000000
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 23 Request0
Year First AppropriationFY22
Appropriation FY 24 Request0
Last FY's Cost Estimate0
Cumulative Appropriation0
Expenditure / Encumbrances0
Unencumbered Balance0