Montgomery County officials say they will not increase taxes for residents and business owners in the county.
This is after the $5.8 billion budget passed by the County Council and the County Executive. Officials are focusing in on an initiative to attract more businesses and residents to the county. As the unemployment rate is at an all-time low, county officials say they are continuing to be aggressive in their economic development strategies.
“We feel Montgomery County has a lot of assets that we can leverage, and there’s always been this perception that we’re not business friendly; and we are going to do everything possible to change that perception,” Montgomery County Council President, Nancy Navarro, stated.
The new fiscal year budget starts July 1.