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PGCPS faces fiscal squeeze: officials propose hiring freeze and $150 million in cuts for FY2027
Summary
Prince George’s County Public Schools announced immediate spending controls and targets to close an anticipated FY2027 gap, including a central‑office hiring freeze and $150 million in targeted reductions.
Prince George’s County Public Schools faces a narrow revenue outlook for fiscal 2027 and plans a multi-phase budget process that begins with immediate spending controls, Chief Financial Officer Lisa Howell told the board on Nov. 13.
Howell reviewed fiscal-year 2025 closeout figures: PGCPS began FY25 with roughly $374 million in fund balance and ended with about $217 million, a roughly 42% decrease tied to planned multi‑year grant spenddowns and prior planned drawdown. Of the ending balance, Howell said roughly $175 million is assigned (of which $95 million is already reflected in the FY26 budget as a funding source and about $80 million has been reserved for future…
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