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Spending plan focuses on recovery, response to COVID-19
March 15, 2021 | 1:22 pm
March 15, 2021
File photo
This story was updated at 5:05 p.m. on March 15, 2021, to include additional details of the budget proposal.
Montgomery County Executive Marc Elrich on Monday released a $6.7 billion budget plan for the next fiscal year, recommending no tax-rate increases, a reorganization of the county’s police department, and targeted funding to support recovery from the pandemic.
Of the $6.7 billion, roughly $6 billion would go to the operating budget and the remainder would to the Capital Improvements Program, debt service and reserves. The recommended $6 billion budget is an increase from the $5.8 billion budget the County Council approved in late May.
Spending would drop by less than 1%
March 2, 2021 | 10:05 am
March 2, 2021
In a proposed $139.7 million budget for next year, Rockville officials are planning on no increase in property tax rates and a slight decrease in spending.
Taxes would still go up because of rising property values.
The Fiscal Year 2022 budget is proposed with a decrease in spending of less than 1% from the current fiscal year’s budget, which was approved at $140.2 million. The fiscal year begins on July 1.
If Rockville officials do not increase property taxes again this year, the rates will have stayed at the same level or dropped for more than 25 straight years.