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Budget and Finance

Annual budget for 2018-19

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Operating budget

(English)

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Operating budget

(Spanish)

Planning for 2019-20

Your participation in planning for next year’s budget is essential. District and school leaders need to know what’s important to students, families, partners, and community members, so budget decisions can be shaped by your input. Here are ways to learn more and get involved.

Budgeting at your school

Board policy requires principals to keep school communities informed about budget development and to seek input on budget priorities. See the schedule of school-based meetings and check with your principal for more information.

Read Dr. Santelises' March 8 update to the community.

Board budget forums

The Board of School Commissioners will hold a public forum to gather input on the proposed budget for 2019-20 once it is drafted.

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How does City schools budget work? (English)

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How does City schools budget work? (Spanish)

Investing in our 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

Additional resources

Past year budget and financial statements

2017-18

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.