Council Expected to Reach Agreement on Budget & CIP on May 15
The Montgomery County Council at 11 a.m. on Thursday, May 15, is expected to reach a tentative agreement on the Fiscal Year 2015 operating budget and the 2015-20 Capital Improvements Program. Formal adoption of the budget is scheduled for Thursday, May 22. The budget will go into effect on July 1.
The Council’s meeting will be held in the Third Floor Hearing Room of the Council Office Building at 100 Maryland Ave. in Rockville. It will be televised live by County Cable Montgomery (CCM—Cable Channel 6 on Comcast and RCN, Channel 30 on Verizon). The broadcast also will be streamed through the County Web site at www.montgomerycountymd.gov/council.
The Council and its committees over the past two months have been reviewing the budget recommended by County Executive Isiah Leggett. Prior to reaching a tentative agreement on the overall budget, during Thursday’s session the Council will make final decisions on several remaining items, including items that have been deferred for consideration and placed on the “reconciliation list.” The Council must identify funding resources for the items or decide not to fund specific ones.
In addition, the Council has indicated it may consider further reducing the FY11 increase in the County’s fuel/energy tax. In each of the previous two years, the Council reduced the FY11 increase by 10 percent.
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