FY 23 Approved Budget Book

HARFORD COUNTY BOARD OF EDUCATION

FY 23 BOARD OF EDUCATION OPERATING FUNDING:

FY 22 APPROVED BUDGET

FY 23 APPROVED BUDGET

$ CHANGE

County

293,812,984 218,249,613

324,237,657 235,200,912

30,424,673 16,951,299

State - Unrestricted Federal - Unrestricted Other - Unrestricted

0 0

420,000

420,000

4,115,500

4,115,500

516,598,097

563,974,069

47,375,972 1,802,081 49,178,053

Fund Balance

2,989,500

4,791,581

519,587,597

568,765,650

Total Unrestricted Funds

State - Restricted Federal - Restricted Other - Restricted Total Restricted Funds

16,037,714 68,960,504

19,896,403 19,416,908

3,858,689

(49,543,596)

86,500

86,500

0

85,084,718

39,399,811

(45,684,907)

Total Funding

604,672,315

608,165,461

3,493,146

COUNTY FUNDING

FY 22

FY 23

CHANGE 30,424,673

293,812,984 324,237,657

Harford County has fully funded the Board of Education's FY 23 Operating budget request @ $324,237,657 an increase of $30,424,673 over FY 22. This increase exceeds Maintenance of Effort.

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