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O’Malley signs bill for added state funding to schools

Law mandates supplements for shortfalls in aid formula

Matthew Bieniek

Cumberland Times-News

CUMBERLAND — A bill that will aid Garrett County Public Schools and other school systems hit hard by the state school funding formula due to declining enrollments has been signed into law by Gov. Martin O’Malley.
The new law will supplement state funding by adding $464,103 for the coming year. The cash-strapped school system has been forced to consider school closures in the past few years.
“This should be very helpful to the school system and we are still waiting for the legislation introduced by both Del. (Wendell) Beitzel and I to pass that would help the county out financially until the wealth study is completed,” Sen. George Edwards has said. Edwards was the Senate sponsor of the bill.
A study of the wealth formula is planned to begin in the fall of 2014 and is slated to be complete in 2016. The existing state funding formula can hit school districts with declining student populations hard. The bill applies to the whole state, not just Garrett County.
“At the rate we have been impacted by the wealth formula … any help we can get from the state is appreciated,” said Janet Wilson, Garrett County superintendent of schools. The money will help the system move forward and restore some services that have been lost, she said.
The bill mandates the state to supplement shortfalls in the state aid formula. “For fiscal years 2015 through 2017, if a county board’s total direct education aid in the current fiscal year is less than the prior fiscal year, then the state shall provide a grant to the county board equal to 50 percent of the decrease in total direct education aid from the prior fiscal year to the current fiscal year,” according to the language of SB 534.
The state budget provides $1.7 million in aid for affected districts in fiscal 2015, according to a floor report on the bill by the Senate Budget and Taxation Committee.

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Jay Ferguson

Who I Am My name is Jay Ferguson, and I am a lifelong resident of the Deep Creek Lake area. I am also co-owner of the real estate side of Taylor Made. I have been in the real estate business for 21+ years now and I LOVE what I do! I have to say, my career really took off when I co-founded the real estate side of Taylor Made in 2014. Its been an amazing experience, building a real estate company from the ground up and achieving so much so quickly! In August 2016, we purchased Long & Foster Real Estate Deep Creek, where I had started my career in 2000. In 2018, we on-boarded virtually every agent from Coldwell Banker Deep Creek Realty as they closed up shop and the real estate family grew even more! We now have over 40 sales agents and have expanded to West Virginia and Pennsylvania, as well. Taylor Made is the #1 vacation rental company at Deep Creek with over 475 vacation rental homes, and over one hundred thousand yearly visitors. Its amazing what we have accomplished using the principles of honesty, teamwork and customer service! Personally, my wife Jessica and I enjoy traveling and especially spending time in the outdoors, hiking and exploring the many diverse areas that Garrett County is naturally blessed with. We have raised two wonderful children here, Kayleah (22) and Noah (13). In the summer, we love spending time on the water with friends & family and enjoying the lake life! We are both active in our church, our community & local school activities, and we fill our schedule with plenty of volunteer efforts. I currently serve on the board of directors for Habitat for Humanity. I am proud to say that I was named Deep Creek Time’s Favorite ‘Community Champion’ in 2019. I was also named Garrett County Realtor of the Year in 2018-19, as well. I really enjoy promoting my hometown. I am very proud of the resort area that has developed over my lifetime and look forward to growing the area even more! Deep Creek Lake has been described as ‘The Lake Tahoe of the east', and I think that speaks volumes about the potential to own property here! Deep Creek Lake isn't really a town or city by itself; it's comprised of three towns: Oakland, Swanton & McHenry, Maryland. I am very passionate about my hometown and am impressed with how many people know about it as we travel around the country. Deep Creek Lake is an amazing place to visit and even better place to live! During the pandemic in 2020, our market exploded and more and more people left their primary residence in the city to live here permanently. With distance learning in schools and tele-commuting becoming the ‘norm’, many more people were drawn to the area to ‘live where they love to play’. Why You Want Me Working for You: In addition to being an owner, I am consistently one of the top-producing agents in the entire area and the Associate Broker of record for Taylor-Made Deep Creek Vacations & Sales. I have 21+ years of experience and I am a problem solver. There aren’t many situations that I have not encountered and I have a strategy for almost every scenario that you may encounter. I have extensively trained in all areas of real estate & emerging technologies, and also have trained as an appraiser, as well as served as a full-time Broker. I have a strong knowledge of the industry, as well as many trusted local contacts & affiliations that allow me to perform at a very high level and deliver results. I have a great deal of respect for my peers in this industry and have strong working relationships that I would love to put to work for you. Call me to discuss your situation - I know I can be of great service to you & others you care about! Honesty. Integrity. Results.