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Commissioners approve St. Mary’s schools’ FY2015 budget; defer decision on FY2014 shortfall until actuals are final
Summary
The Board of County Commissioners approved the St. Mary’s County Public Schools FY2015 budgets on May 27 and instructed staff to delay any decision on the estimated FY2014 shortfall until after final year‑end financials and county revenue distributions are known.
The St. Mary’s County Board of County Commissioners on May 27 approved the St. Mary’s County Public Schools’ fiscal year 2015 budgets — operating, capital and restricted funds — after a multi‑hour review of the school system’s FY2014 variances and FY2015 adjustments.
Commissioners approved the FY2015 package that reflected the supplemental county funding previously allocated and agreed to execute the required Maryland State Department of Education (MSDE) certification forms to finalize the submission. County finance staff and school officials agreed on a modest $44,573 reclassification between administrative and instructional categories before the certification.
At the same meeting,…
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