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MCPS clarifies operating‑fund investment policy; staff emphasize short-term liquidity and report $5–7 million annual interest revenue

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Summary

The Montgomery County Public Schools Policy Management Committee on May 15 moved revisions to policy DIG (Operating Fund Investments) to the full Board for tentative action, subject to review by the Fiscal Management Committee.

The Montgomery County Public Schools Policy Management Committee on May 15 moved revisions to policy DIG (Operating Fund Investments) to the full Board for tentative action, subject to review by the Fiscal Management Committee.

Staff said the draft clarifies that DIG applies only to operating funds — county and state operating revenue…

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