On May 27, 2021, the Montgomery County Council voted unanimously to approve the County’s $6 billion Fiscal Year (FY) 2022 Operating Budget, the FY22 Capital Budget and the $4.316 billion Amended FY21-26 Capital Improvements Program (CIP). The Council’s focus throughout their budget deliberations this year was on the County’s recovery and providing relief and direct assistance to residents impacted by the COVID-19 pandemic.
The Working Families Income Supplement doubles the state’s tax refund to provide direct support for residents, funding increases provided for nonprofits and enhanced health and human services and County's effective property tax rate remains flat with a $692 property tax credit for homeowners.
Montgomery County Council is the final authority on spending for Montgomery County Government and County and bi-County agencies such as Montgomery County Public Schools, Montgomery College, the Washington Suburban Sanitary Commission, and the Montgomery County Planning Board.
The County Executive submits his or her proposed capital and operating budgets to the Council and makes recommendations for independent agency budgets. The Council may add to, delete from, increase or decrease any appropriation item in the operating or capital budget. The Council reviews all spending and revenue proposals comprehensively and solicits input from the public. The goal of this process is to produce a budget that balances the needs of our residents in a fiscally responsible manner.
See more at https://apps.montgomerycountymd.gov/BASISOPERATING/Common/Index.aspx
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