The Montgomery County Council has approved the County’s $5.6 billion Fiscal Year(FY) 2019 Operating Budget, the FY19 Capital Budget, and the FY19-24 Capital Improvements Program (CIP). The Council approved a $4.5 billion FY19-24 CIP to fund school construction, infrastructure improvements and community projects.
The operating budget funds Montgomery County Public Schools and supports Montgomery College, the County’s Police Department, the Fire and Rescue Service and essential health and human services programs. The Council agreed to add nearly $6.7 million to the operating budget to maintain existing service levels and to minimize call response times for residents during emergencies. The budget also sets aside funding for the County’s FY19 revenue goal of 9.4 percent of adjusted governmental revenues. Funding for this financial obligation helps the County retain its AAA bond rating.
See the full approved FY 19 budget.
The operating budget funds Montgomery County Public Schools and supports Montgomery College, the County’s Police Department, the Fire and Rescue Service and essential health and human services programs. The Council agreed to add nearly $6.7 million to the operating budget to maintain existing service levels and to minimize call response times for residents during emergencies. The budget also sets aside funding for the County’s FY19 revenue goal of 9.4 percent of adjusted governmental revenues. Funding for this financial obligation helps the County retain its AAA bond rating.
See the full approved FY 19 budget.
