Per Montgomery County: Today the Montgomery County Council reached a preliminary agreement on the County’s $6.7 billion Fiscal Year (FY) 2024 Operating Budget and the $5.7 billion amended FY23-28 Capital Improvements Program (CIP). “This budget makes historic investments in education and in meeting the needs of our residents and our workforce,” said Council President Evan Glass. “We achieved these goals by reducing the proposed property tax, finding efficiencies in government operations and making strategic investments to keep Montgomery County moving forward.”
“The Council’s budget deliberations carefully balanced our strong and steadfast commitment to our students and teachers with our residents’ many other priorities, while also upholding our responsibility to be fiscal stewards of taxpayer dollars,” said Glass. “We fully funded teacher contracts and met salary and benefit agreements for our hardworking first responders, police and healthcare workers. At the same time, we cut the County Executive’s proposed 10 percent property tax hike by more than half. I’m grateful to my Council colleagues who brought new and unique perspectives to the table and shared a commitment to transparency and oversight every step of the way.”