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Committee forwards $10.5M in MCPS categorical transfers; employee-benefit plan remains a focus
Summary
The Education and Culture Committee on Oct. 9 forwarded two FY25 MCPS categorical-transfer resolutions to the full Council: a $7.2 million operating transfer and a $3.3 million grant-funded transfer.
The Education and Culture Committee on Oct. 9 forwarded two fiscal-year 2025 categorical-transfer resolutions from Montgomery County Public Schools to the full Council, sending an operating transfer of $7,200,000 and a grant-funded transfer of $3,300,000 for further consideration.
Council staff told the committee the districtended FY25 with a $24.2 million fund balance, up from $18.8 million at the end of FY24, and projected a beginning FY26 balance of $22.0 million after assigned funds and other adjustments. Staffsaid nine state categories ended FY25 with surpluses (including maintenance of plant and textbooks and instructional supplies) while four ended in deficit, notably student transportation and instructional…
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