Montgomery County Executive Marc Elrich has proposed a $7.7 billion budget for fiscal year 2026, which includes a 3.5% property tax increase. Elrich emphasized the need for this tax increase to help fund the county’s public school system, with a $250 million increase specifically allocated for schools. The Montgomery County Education Association expressed support for the budget, citing the recognition of the needs of students and families.
Elrich also highlighted the potential impact of proposed tax cuts from the Trump administration and Maryland’s Gov. Wes Moore, stating that Montgomery County may have to fill the gap left by decreased federal and state funding. The budget takes into account economic and political uncertainties, such as federal cuts to state governments and a $3 billion shortfall in Maryland.
Montgomery County Council President Kate Stewart acknowledged the challenges posed by the budget deliberations, particularly in light of the unpredictability of federal cuts and potential shifts in state budget obligations. The council will hold public hearings on the budget in April, with a vote scheduled by June 1 for the fiscal year beginning July 1.
Key features of the budget include significant allocations for schools, public safety, health and human services, transportation, environment, and non-departmental accounts. An interactive tool is available online for further exploration of the proposed budget. As the budget deliberations continue, residents are encouraged to stay informed and engaged in the process.
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