State has confirmed that PPE tuition payments will continue even as schools are not in session.
State recalculated PPE levels based on municipal data received at end 2019, and as a result, we anticipate an additional $42K reduction in MCCPS proceeds for the April, May and June payments.  This is in addition to reduced payments that reflect lower enrollment compared to the baseline State was using.  
As a result, we anticipate monthly losses in the $30K range for the rest of the year, before including any positive impact from reduced run costs (lower utilities, cleaning spend, etc)
In addition, current enrollment is 208 (with potential to grow to 209/2010 as school resumes).  These additional enrolled students are not included in numbers used by the State for PPE payments (205). Therefore, we anticipate an additional state contribution in the next readjustment (mid June).
There are many moving parts still, but we anticipate finishing the school year on budget.

Other items discussed that impact numbers:
- Health insurance premium refund of $7K has been deposited and is reflected in reduced month-to month insurance line
- As of February, 2 FTEs including former Assistant Head of School are no longer on payroll. However, recent hires will start being reflected
- Some school events will likely be cancelled (Nature's classroom and DC trip), which will require refunds to parents 

The FY2020-2021 budget is in flux, due to these revised PPE numbers, and will be reset for target discussion at the next Finco and Board meetings in April.

Discussions related to our settlement of long-term unemployment liabilities with the state remain ongoing, with the State yet to respond to our last request from early March.