January 29, 2015

Amended Six-Year Capital Construction Budget Released; Contains Full Schools Funding, More Affordable Housing, Road Maintenance

The Executive’s recommended Fiscal Year (FY) 2016 Capital Budget and proposed amendments to the FY 15-20 Capital Improvements Program (CIP) have been released.

The $4.665 billion CIP fully funds the Montgomery County Public Schools, boosts investment in affordable housing and accelerates $8.2 million to expedite resurfacing and patching of County roads.
The CIP also includes critical funding for White Flint and Wheaton redevelopment and job growth.

See more details in the news release.