Montgomery County could see a 2.7 percent increase in its operating budget, if the council confirms the executive’s proposal for Fiscal Year 2018.
Executive Ike Leggett released his recommendation to the council Tuesday, increasing spending to $5.44 billion.
Some notable recommendations include setting a record county contribution to schools, holding property taxes after a hefty tax hike by the county council last year, adding more than a dozen police officers to suppress gang activity in Montgomery Village and increasing funding for affordable housing.
“Also, people will note that we still will have a fairly significant reserve, [totaling] 8.9 percent of our overall budget, which is about $457 million,” said Leggett. “That, I think, is quite remarkable that we have the highest financial reserve right now in the history of the county.”
Leggett’s recommended operating budget now sits with the county council.
Public hearings on the Fiscal Year 2018 budget are scheduled for the beginning of April.