MoCo Government

Montgomery County Schedules Key Hearings on Budget Amendments and White Oak Project

The Montgomery County Council will hold public hearings on Dec. 2, 2025 and Jan. 13, 2026 to gather testimony on multiple proposed supplemental appropriations, capital budget amendments and program funding changes across several County departments and schools.

The January hearing will focus on establishing the Viva White Oak Development District, a tax increment financing area that would support future public infrastructure by borrowing against anticipated increases in property value.

Dec. 2, 2025 at 1:30 p.m.
Deadline to sign up to speak is Dec. 1 at 2 p.m.

 

Jan. 13, 2026 at 1:30 p.m.
Deadline to sign up to speak is Jan. 12 at 2 p.m.

 

  • Resolution to approve the Creation of Viva White Oak Development District, which would establish a Tax Increment Finance (TIF) Development District in an area encompassing approximately 294 acres of property located in the White Oak area of Silver Spring. A first resolution, approved by the Council in July, authorized the County Executive to consider the district, requiring a Fiscal Impact Analysis and Preliminary Adequate Public Facilities Approval from the Planning Board. This resolution establishes the “VIVA White Oak Development District”, identifies the existing tax base that will continue to generate tax revenue to the general fund, establishes the tax increment that will generate revenue to support the issuance of TIF bonds for the public infrastructure required to develop the VIVA White Oak project, and establishes the parameters for the levy of a special tax to backstop the anticipated TIF bonds.

    The creation of a tax increment financing district would allow the County to borrow against the future increased value of the property to make public infrastructure improvements. The cost of the improvement is then financed by taxes generated from the increased property value of the new development within the district. If the Council approves the second resolution, the County Executive will prepare bond issuance documents. In order to issue the bonds, which will likely be issued in phases up to the maximum amount authorized by the Council, the County Executive must submit another fiscal report analyzing the first phase of bonds, and will do so for each subsequent bond issuance. The Council will review these fiscal reports ahead of voting on a resolution to approve a bond issuance.”