The matching funds program was established in 2001-02 by the Superintendent to assist schools and their partners in raising funds for school improvements by matching dollars in any amount up to $50,000. On January 22, 2004, a committee composed of representatives from the County Council PTA, elementary, middle, and high school principals, students, teachers, and the Facilities Division met to review the procedures approved by the Board on October 15, 2002. Revisions to program procedures were recommended and approved by the Board on March 9, 2004, and were effective for the 2004-05 fiscal year. (Criteria - Attached)

District matching funds are requested for the completion of the project budgets at Lewis Elementary School for school-wide replacement of maps, globes, and audio-visual equipment, at Shore Elementary School for playground equipment, and at Bloomingdale High School for a new school marquee.

Total project expenditures are $33,000 ($16,500 District's contribution, $16,500 school's contribution) for Lewis Elementary School, $21,395.75 ($10,395.75 District's contribution, $11,000 school's contribution) for Shore Elementary School, and $35,952 ($17,976 District's contribution, $17,976 school's contribution) for Bloomingdale High School. The District is matching the maximum of $50,000 per school, per three year period.

Expenditures are funded as follows: a minimum contribution of 50% of the project cost from the school and the balance from 2 Mill matching funds, not to exceed $50,000. The balance of matching funds remaining for use in 2008-09 is $190,628.25.