The office of the Chief Financial Officer (OCFO) facilitates the alignment of the district strategic priorities with financial resources that results in MCPS providing the highest quality education and opportunities for all students to succeed.
Operating Budget Development
OCFO provides guidance and support to executive staff and program managers on the preparation and formulation of the operating budget for MCPS.
Operating Budget Administration
Through regular financial monitoring and data-driven analysis, OCFO maintains controls for current-year revenues and expenditures to ensure that the operating budget is implemented as approved.
Employee and Retiree Services Center
ERSC is a single point of contact for employees and retirees for information about compensation and benefits. ERSC provides administration of employee programs such as payroll, health and retirement benefits, leave, salary administration, and workforce reporting. Smooth and effective operations of these functions are critical to provide prompt and accurate responses for employeesâ€™ questions and needs. ERSC operates a call center, transactions unit, and communications program; provides support for policy implementation; and continually expands the use of technology to improve service and efficiency. The introduction and continued expansion of employee self-service applications have improved employee access to data, benefits enrollment, paystub, and tax forms, supporting employeesâ€™ ability to focus their efforts and attention on the needs of students and schools.
The Division of Financial Services prepares the financial statements, statistical reports, and other accounting reports; provides for internal controls of all accounting activities; prepares required federal, state, and other reports; processes accounting transactions; supports procurement card activity; collects amounts owed to MCPS; makes all payments on behalf of MCPS; and coordinates system cash including the Centralized Investment fund. The division provides accounting services to the MCPS Educational Foundation, a 501(c)(3) corporation. The division brings central services resources to support schools through support of the School Funds Online and Online School Payments systems, along with a visiting bookkeeper program for elementary schools and special centers. This central effort reduces burden on schools so that school-based employees can focus on the critical work of teaching and learning for all students. The division also collects the student extracurricular activity fund fee and manages the federal Impact Aid program.
Resource Allocation, Management, and Support
OCFO works closely with all offices and schools to implement a system to allocate resources to schools based on school, student, and program need.
Address: 850 Hungerford Drive, Room 167
Rockville, MD 20850
Who to Contact:Budget UnitEmployee and Retiree Service CenterSchool and Financial Operations TeamDivision of Financial ServicesDivision of Investments
School and Financial Operations Team
Division of Financial Services
Division of Investments
Department of Employee and Retiree Services
Budget 101 provides an overview of what's in the MCPS operating budget. It shows where the funding comes from, how it's spent, and how individual schools are staffed.
The Budget site provides up-to-date information on the entire budget process, including the complete operating budget and personnel complement for each fiscal year.
The open data portal allows the public to search, sort and download information about the budget, facilities, enrollment, and school positions and costs.
This section of the Budget 101 site explains how MCPS determines which schools will be allocated additional staff. Videos show how MCPS uses data and formulas to determine staffing allocations for each school.
Schools at a Glance provides information about enrollment, staffing, facilities, programs, outcome measures, and personnel costs for each school.
The Division of Financial Services website provides comprehensive and supplemental annual financial reports each year.
(MCPS Staff Only)
The Office of the Chief Financial Officer provides technical assistance to MCPS personnel seeking grants.