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Commissioners weigh fund-balance trades to cover school shortfalls, boost revolving loan fund and preserve public-safety reserves
Summary
At a May 5 budget workshop, St. Mary's County commissioners discussed using unassigned fund balance and shifting CIP dollars to cover school funding gaps, expand the revolving fire-and-rescue loan fund, and address LOSAP benefit increases; staff presented models showing roughly $1.36M available for appeals after proposed adjustments.
County CFO Spinetta Van Clee presented a revised budget model that incorporated paying off exempt financing, restoring $200,000 to the snow reserve and layering in proposed operating adjustments. The pivoted model showed roughly $1.36 million of discretionary resources available for allocation to appeals and capital requests, depending on which options commissioners select.
Commissioners discussed three principal choices: (1) use unassigned fund balance to pay down exempt financing to create recurring savings; (2) reallocate…
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