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.
What We Do
OCFO provides guidance and support to executive staff and program managers on the preparation and formulation of the operating budget for MCPS.
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.
DOC 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.
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.