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County budget officer says recurring revenue outlook for FY26 is stable but flags state aid risk
Summary
Anne Arundel County budget officer presented a fiscal outlook to the school board outlining stable recurring revenue for fiscal 2026 while warning that one-time gains and possible reductions in state assistance pose constraints on the school system's budget growth.
Chris Trumbauer, Anne Arundel County budget officer, told the Anne Arundel County Board of Education on Jan. 8 that the county’s fiscal foundation is “stable” for recurring revenue in fiscal 2026 but cautioned the board that several one-time revenue sources and potential state funding cuts limit new spending.
Trumbauer said the county closed fiscal 2024 ahead of its conservative forecast, producing about $19.1 million of additional fund balance beyond what had been anticipated. He attributed most of the year-over-year surplus to higher-than-expected income-tax reconciliations and elevated investment income, but stressed…
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