Title
Proposed letter to Segun C. Eubanks, Ed. D., Chair, Board of Education, transmitting the Fiscal Year 2018 Operating Budget.
Background
The letter advises the Board of Education that a $1,975,443,500 appropriation level is approved for the Prince George’s County School System Operating Budget for Fiscal Year 2018. This is an increase of $51,583,400 or 2.7% over the current year’s approved budget amount. The Board of Education’s budget represents 60.8% of the County total Fiscal Year 2018 General Fund Budget. The County’s approved FY 2018 budget exceeds the County’s minimum contribution funding level required under the State’s maintenance-of-effort formula by $30,096,987.