Baltimore City Council
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File #: 21-0011R    Version: 0 Name: Informational Hearing - Financial Literacy Curriculum Content Within the Baltimore City Public School System
Type: City Council Resolution Status: In Committee
File created: 1/25/2021 In control: Education Workforce and Youth
On agenda: Final action:
Enactment #:
Title: Informational Hearing - Financial Literacy Curriculum Content Within the Baltimore City Public School System For the purpose of inviting the Chief Executive Officer of the Baltimore City Public School System, the Commissioners from the Board of School Commissioners for the Baltimore City Public School System, the Director of the Mayor’s Office of Employment Development, and the Executive Director of the Mayor’s Office of Children and Family Success to appear before the City Council to discuss how we can: develop curriculum content for a course in financial literacy; require the curriculum content include instruction in choosing a career, earning an income, saving and investing money, credit, and budgeting; and require students to complete a course in financial literacy in order to graduate from high school in Baltimore City Public Schools.
Sponsors: Sharon Green Middleton, Danielle N. McCray, Kristerfer Burnett, John T. Bullock
Indexes: Financial, Informational Hearing, Literacy
Attachments: 1. 21-0011R~1st Reader, 2. 05c MOCFS report 21-0011R, 3. Finance 21-0011R, 4. MOED 21-0011R, 5. xx Final Synopsis 21-0011R, 6. XX Handout #1 BCPSS PowerPt Presentation 5 6 21, 7. xx Hearing notes 21-0011R 5 6 21
* Warning: This is an unofficial, introductory copy of the bill.
The official copy considered by the City Council is the first reader copy.
Introductory*

City of Baltimore
Council Bill R
(Resolution)

Introduced by: Councilmember Middleton

A Resolution Entitled

A Council Resolution concerning
title
Informational Hearing - Financial Literacy Curriculum Content Within the Baltimore City Public School System
For the purpose of inviting the Chief Executive Officer of the Baltimore City Public School System, the Commissioners from the Board of School Commissioners for the Baltimore City Public School System, the Director of the Mayor’s Office of Employment Development, and the Executive Director of the Mayor’s Office of Children and Family Success to appear before the City Council to discuss how we can: develop curriculum content for a course in financial literacy; require the curriculum content include instruction in choosing a career, earning an income, saving and investing money, credit, and budgeting; and require students to complete a course in financial literacy in order to graduate from high school in Baltimore City Public Schools.
body

Recitals

Whereas, Baltimore City has the highest poverty rate in Maryland, at 21.8% of its population;

Whereas, Baltimore City’s unemployment rate has fluctuated between 7% and 10% in 2020;

Whereas, a report produced by the Associated Black Charities of Maryland showed that black workers in Baltimore City are concentrated in low-wage industries and jobs and tend to earn less and have higher job turnover than their white counterparts;

Whereas, the report went on to reveal that blacks in Baltimore City earned about half of what white workers earned - a median o...

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