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Finance committee leans toward 3.5% pay plan as $9.1M shortfall looms
Summary
At a Monday finance committee meeting, staff outlined three FY27 budget scenarios to close a projected $9.1 million operating shortfall and explained FY26 state bonus options; committee leadership recommended scenario B (a 3.5% across‑the‑board pay increase) while also reviewing possible health‑insurance plan design changes.
The Frederick County School Board finance committee on Monday reviewed an update from staff on a one‑time FY26 state bonus and three FY27 budget scenarios designed to close a projected $9.1 million operating shortfall, and committee leaders signaled support for a 3.5% across‑the‑board salary scenario.
"The state is providing the state share of funding to provide a bonus payment for all instructional and support staff," said Mrs. Anderson, a division staff presenter, explaining the FY26 state share is roughly $2,400,000 (about $972 per person) while the division’s full cost to deliver a $1,500 bonus to every eligible employee would be about $3,900,000. She told the committee the division lacks the roughly $2,500,000 in unobligated surplus that would be needed to fund…
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