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Commissioners earmark $3.15 million in impact fees for future school sites; Fairlead Academy funding moved to FY2014
Summary
County CFO and commissioners agreed to include $3.15 million in the FY2013 CIP for future school site acquisitions using accumulated impact fees, and to move Fairlead Academy construction planning to FY2014 after discussion of Board of Education submissions.
St. Mary's County commissioners instructed staff to include $3,150,000 in the FY2013 capital improvement plan for future school site acquisitions and to use accumulated school impact fees to fund that purchase.
The directive followed a presentation from county finance staff explaining that the Board of Education had submitted its budget on March 1 and that the county had approximately $6 million in unused impact fees that could be applied. “That makes sense to…
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