Title
Proposed letter to Segun C. Eubanks, Ed. D., Chair, Board of Education, transmitting the Fiscal Year 2019 Operating Budget.
Background
The letter advises the Board of Education that a $2,047,732,000 appropriation level is approved for the Prince George’s County School System Operating Budget for Fiscal Year (FY) 2019. This is an increase of $72,288,500 or 3.7% over the current year’s approved budget amount. The Board of Education’s budget represents 59.8% of the County total FY 2019 General Fund Budget. The County’s approved FY 2019 budget exceeds the County’s minimum contribution funding level required under the State’s maintenance-of-effort formula by $13,596,018.