Despite losing $71 million from last year’s budget, Montgomery Public Schools' chief financial officer says they are still in a good financial position.
) - Montgomery Public Schools will enter fiscal year 2025 with the same problem facing most public-school systems throughout the county: a significant decrease in federal funding.Despite losing that $71 million from last year’s budget, Montgomery Public Schools Chief Financial Officer Arthur Watts says they are still in a good financial position.
Another concern is fewer students in classrooms. The district is funded for 395 fewer students than last year, but it is taking steps to combat the decline. In today’s climate, school safety is a top issue for many parents and students. Of the $23 million put into reserve accounts, $3 million is set to go into a security replacement account.
Public Schools Funding Budget Hearing Cfo Arthur Watts
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