County Executive Ike Leggett released his recommended FY17 Operating Budget of $5.3 billion on Tuesday, March 15. The proposed budget calls for an increase in spending on Montgomery County Public Schools (MCPS) by almost $136 million ($90 million over Maintenance of Effort) and addresses the loss to County coffers by the Wynne case with a 3.9 cent increase per $100 assessed valuation in the property tax rate over the current year. The budget closes an estimated $178 million gap.
Leggett’s budget reflects the suggestions and concerns brought forward by hundreds of residents during County events and meetings including the five budget forums held in January and February.
- Press Release.
- Budget Charts (pdf):
- Online Publication of FY17 Recommended Operating Budget.
- Watch Announcement from YouTube.
- Watch Full press event video.