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Planning for 2019-20
The operating budget for the upcoming school year was presented to the Board of School Commissioners on April 9. The Board voted to approve the budget at its regularly scheduled public meeting on April 23.
Download a Spanish version of the adopted 2019-20 budget.
Your school's budget
The operating budget includes a summary of each school's budget for the upcoming school year. Check with your principal about how your school's budget reflects your community's priorities.
Looking to the future
The state's Commission on Innovation and Excellence in Education (the "Kirwan Commission") is charged with making recommendations on what would be needed for Maryland's schools to perform at the level of the world's top education systems and on needed changes to state funding of schools serving students from pre-k to 12th grade.
What would a world-class education system look like in Baltimore? What approach to funding would ensure equity for Baltimore's students? With input from stakeholders and advocates and reflecting research-based best practices in urban education, City Schools has drafted its vision for Baltimore's schools under a new state funding formula.
View "Investing in Our Future" in Spanish
School spending
City Schools allocates the maximum possible funding to schools, both directly for flexible spending and indirectly through district-provided services, and works to ensure that distribution is equitable across all schools, so that all students' needs can be met. Different priorities, needs, and schools means that school budgeting can be complex, and the formulas used for charter and traditional schools have not been easy to understand.
In 2018, the district convened a group of stakeholders representing charter schools, traditional schools, and the district office to look at how schools are funded and to work toward recommendations to make funding methods more transparent and easily understood, while also ensuring equity across school types. Below are presentations from a series of work sessions held by the stakeholder group.
- Introduction and overview (September 2018)
- Federal programs and restricted grants (October 2018)
- Central administrative costs (October 2018)
- Specialized services: presentation | additional notes (October 2018)
- Central services to schools (November 2018)
- Debt obligations, formula review, attribution review (December 2018)
- Review: presentation | additional notes (January 2019)
Annual budget for 2018-19
Additional resources
Past year budget and financial statements
2017-18
- Operating budget: English | Spanish
- Financial statement
- Comprehensive financial report
2016-17
2015-16
For more information or other past years' budget documents, contact the Finance Office.
Financial recovery plan
At the outset of developing the FY18 operating budget, City Schools identified a structural budget gap exceeding $100 million. The gap was closed through cost-cutting and provision of additional resources from the city and state.
As part of House Bill 684 passed during the 2017 General Session, the Maryland General Assembly required the Board of School Commissioners to prepare a financial recovery plan for the district, which was submitted to the city and state on August 1, 2017.