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Commissioners approve $1 million school funding transfer for health claims and back SMCPS capital plan

2134653 · January 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved a $1,000,000 transfer from St. Mary's County Public Schools fund balance to cover outstanding health-care claims and signed a letter supporting the Board of Education's FY2015–2020 State Capital Improvements Program, including funding requests for a new elementary school and Spring Ridge renovation.

The Board of County Commissioners on Sept. 24 approved a $1,000,000 supplemental appropriation to the St. Mary’s County Public Schools to create an outstanding-claims account that will cover a 90-day run-out period for healthcare costs and allow the district to produce two years of data for actuarial work on OPEB liabilities.

Greg Norris, director of fiscal services for St. Mary’s County Public Schools, told commissioners the appropriation is a one-time action to pay for the 90-day…

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