Health & Fitness
School System To Reveal First Look at 2014 Operating Budget Plan
School officials will present a report at Tuesday's Board of Education meeting.
The process of putting together the school system's fiscal year 2014 operating budget has begun, and a first look will be given at Tuesday night's Board of Education meeting.
According to a school system exhibit—attached to this post—preliminary plans show that the system intends to allocate $47.4 million in employee compensation including health care and retirement benefits; about $2.5 million for built-in costs such as transportation and utilities; funds to accomodate enrollment growth and academic, safety and infrastructure efforts. These items would primarily be funded by the county and state.
For fiscal year 2013, the system adopted an operating budget of $1,346,526,245.
Find out what's happening in Towsonfor free with the latest updates from Patch.
Additional updates on the operating budget will be given in November and December, according to a statement in the exhibit. The budget will be implemented on July 1, 2013.
The school system invited members of the public to provide input on the budget through area advisory council meetings held earlier this month.
Find out what's happening in Towsonfor free with the latest updates from Patch.
In September, the board approved Superintendent S. Dallas Dance's $72,275,070 capital budget proposal, which emphasized air conditioning in county schools. The capital budget will now be included in funding requests made to the county and state next year.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.