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Department of Legislative ServicesOffice of Policy AnalysisAnnapolis, MarylandJanuary 26, 2009
Education Aid in the ProposedFiscal 2010 State Budget
Presentation to theMaryland Association of Boards ofEducation
 
1
Presentation Outline
•State budget environment•Fiscal 2009 education aid•Mandated fiscal 2010 education aid levels•Reductions to education aid proposed in the BudgetReconciliation and Financing Act (BRFA)•Help from the federal government … ?
 
2
State Budget
•Despite the tax increases approved at the 2007 specialsession, estimated fiscal 2009 general fund revenues are only0.9% above fiscal 2008 general fund revenues. Fiscal 2010revenues are expected to grow by just 0.5% over fiscal 2009.•There is a gap of $2.0 billion between projected ongoinggeneral fund revenues and projected “current services”general fund spending for fiscal 2010.•State aid to local school systems makes up 39.0% ofprojected fiscal 2009 general fund revenues. Even withproposed reductions to school funding programs, educationaid would comprise approximately 39.3% of fiscal 2010general fund revenues.
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