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Baltimore City Public Schools projects Q4 draft close, expects surplus after pending supplementals
Summary
Baltimore City Public Schools presented draft Q4 general fund results showing a small $15 million deficit before pending supplemental appropriations; the district expects that pending supplementals and reimbursements will produce a roughly $2.5 million surplus.
Courtney Desabay, executive director of financial systems and operations for Baltimore City Public Schools, told the Budget and Appropriations Committee that the district’s Q4 draft general fund close showed a gap that the district expects to reverse with near‑term supplementals and reimbursements. "The current amount is a deficit of $15,000,000 we expect that, however, after our supplemental appropriations that are pending that that'll change to an end result of a surplus of about $2,500,000," Desabay said.
Desabay said the state provides…
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