Title
Proposed letter to Segun C. Eubanks, Ed. D., Chair, Board of Education, transmitting the Fiscal Year 2017 Operating Budget.
Background
This letter advises the Board of Education that a $1,923,860,100 appropriation level is approved for the Prince George’s County School System Operating Budget for Fiscal Year 2017. This is an increase of $90,792,400, or 5.0% over the current year’s approved budget amount. The Board of Education’s budget represents 61.7% of the County’s total Fiscal Year 2017 General Fund Budget. The County’s approved FY 2017 budget exceeds the County’s minimum contribution funding level required under the State’s maintenance-of-effort formula.