Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Garrett County schools finance director: preliminary state aid totals show shifts to local funding and risks from governor's proposal
Summary
Director of Finance Smith presented preliminary state aid numbers that show a $57.9 million preliminary total for FY26, a decrease in state foundation funding and a shift of roughly $2 million of foundation costs to the local share; staff warned proposed state-level cuts could further reduce aid by about $809,000.
Director of Finance Smith presented a preliminary fiscal 2026 state and local aid estimate to the board, saying the numbers are early and subject to legislative changes.
Key figures Smith presented: a preliminary total revenue estimate of $57.9 million for fiscal 2026, with about $23.4 million (40.5 percent) expected from the state and about $34.4 million (59.5 percent) from the local share. Smith said approximately $2 million of funding that had been state-supported last year has shifted to the local share for FY26.
Smith showed program-level breakdowns: roughly $30 million in foundation funding, about $13.9 million for compensatory education, nearly $3.8 million for…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
