Why doesn’t MCPS sell some property to fill budget gaps?
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MCPS has a Facilities Committee that meets regularly to examine the status of various District properties. It also has a Budget & Levy Committee that has discussed the feasibility of selling properties to fill budget gaps. Ultimately, it was decided that the sale of any properties at this time would result in a long-term loss for the District while providing relatively insignificant short-term relief.
For example, if the District were to sell one of its properties for $1 million, that amount would not cover the entire $8 million deficit we are facing this year. Next year, that $1 million would be gone, and the District would once again have to find a way to close that funding gap.
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