FY18 budget shortfall

January 22, 2018 | Douglas Tallman

Riemer Meets the Media

Council President Hans Riemer meets the media Jan. 22 where the topics are Montgomery County’s selection as one of 20 potential sites for the new Amazon “HQ2,” the government shutdown and the council’s efforts to trim the current budget because of a revenue shortfall.

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December 13, 2017 | Douglas Tallman

Current Budget Problems Just the Start of County’s Fiscal Issues (Video)

The Montgomery County budget is like the opposite of the rap by Notorious B.I.G. Less Money Mo Problems. County Executive Ike Leggett has asked county departments for 2 percent in cuts, which will form the basis of a savings plan he’ll present to the County Council before Christmas. The county needs the plan to make […]

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December 11, 2017 | Douglas Tallman

Riemer Talks Fiscal Issues (Video)

As the Montgomery County Council prepares for County Executive Ike Leggett’s savings plan, Council President Hans Riemer said he didn’t believe the shortfall in revenue was based on the county’s wealthy “exporting” their income to lower tax states. “That would not be something that would have happened abruptly,” he said. “This was a real variation […]

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December 6, 2017 | Douglas Tallman

Montgomery GOP Leader Questions Where the Money Went

After a year with an 8.7 percent property tax increase and a 30 percent increase in the recordation tax, Montgomery’s County’s Republican party wants to know why the county has a $120 million shortfall in its fiscal 2018 budget. “The bottom line is since 2014 in Montgomery County, we’ve seen our taxes go up and […]

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December 4, 2017 | Douglas Tallman

As Income Tax Revenue Falls Short, County Imposes Savings Plan

Montgomery County Executive Ike Leggett said Monday he would have a “savings plan” to send the County Council in about two weeks, an effort to overcome a shortfall in income tax revenue. “The thing to do is to stop the potential deficit from getting worse,” Leggett said in an interview with MyMCMedia. Total tax collections […]

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