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PSS wants $24M budget for FY ’22
The Public School System has proposed a budget of $24.1 million for fiscal year 2022 during a Board of Education virtual meeting last Thursday.
Coupled with $34.7 million it will be getting from the federal government, PSS is looking at an operating budget of $58.8 million for the coming fiscal year.
Personnel costs comprise the largest proposed expenditure at $42 million in salaries and benefit costs, which makes up 71% of its upcoming operating budget, while $10 million has been earmarked for “all others” (school operations, utilities, debt service, repairs and maintenance, contracts, and operational reserve.
“During the last several months, we have aligned our budget proposal with the strategic objectives in funding, the needs of the school that will directly benefit the students,” said PSS Accreditation Program coordinator Marian Tudela. “These objectives have helped us stay focused on our available resources and priorities for the system.”
She said these investments will be especially important in the upcoming year as PSS continues to tackle hard work related to the impact of COVID-19.
In fiscal year 2021, PSS got 25% of the $96 million general fund of the CNMI government that accounted for around $24 million.
