The Prince George's County Board of Education has approved a FY2015 budget of $1795 billion, a $107 million increase over the current budget.
“This year, we have seen a significant increase in revenue,” said Dr. Segun C. Eubanks, Board of Education chairman. “This demonstrates a commitment to public education by our elected officials and community, as well as a commitment by our district to find new ways to reduce costs, streamline processes, and fund initiatives and academic programs.”
Revenue funds for the FY2015 budget include $1 billion from the state, $630 million from the county, $103 million from the federal government and $18 million from board sources.
“This budget reflects our priorities to expand choice programs, enhance student support, and raise expectations for academic achievement,” said Dr. Kevin M. Maxwell, Chief Executive Officer. “We reduced costs in some areas, which enabled us to channel funds to support our goals to expand successful academic programs and attract and retain highly qualified staff.”
In addition to increased compensation packages for employees, the budget supports expanding Science, Technology, Engineering & Mathematics (STEM), creative and performing arts, Montessori, International Baccalaureate (IB), language immersion, dual enrollment, and career technology programs.
It also funds Secondary School Reform initiatives, supports the county’s Transforming Neighborhoods Initiative through expansion of prekindergarten, establishes two new International Schools, and provides additional support and outreach to parents through a new Family and Community Resource Office.
For more information, visit the FY2015 Operating Budget webpage by clicking here.