Title
Proposed correspondence to Alvin Thornton, Ph.D., Chair, Board of Education, regarding their FY 2019 Financial Review and Transfer Request.
Background
On July 2, 2019, the Board of Education transmitted their FY 2019 Financial Review and Transfer as of January 31, 2019 for consideration by the County Council. The Transfer Request authorizes reassignment of appropriations between major budget expenditure categories in the amount of $42,919,868 or 2.10% of the FY 2019 County Council Approved Board of Education Budget. The Transfer Request does not alter the Fiscal Year 2019 Operating Budget of $2,047,732,000. The Transfer request maintains a balanced budget as required by State law.