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MoCo Monitor
Finance

FY2026 Budget Full Council Review Begins May 5

Montgomery County Council tentatively starts full council review of FY2026 operating budget May 5; final action expected late May.

Balcombe· Apr 30, 2025· 0 links
From: Councilmember Marilyn Balcombe — “A Message from Marilyn: Wednesday, April 30, 2025”
Apr 30
Finance

County Expands Homeowners' Tax Credit Eligibility Under Bill 3-25

Bill 3-25 raises income, net worth, and assessed-value thresholds for the County Supplement to the State Homeowners' Tax Credit.

Fani-González· Apr 29, 2025· 1 link
From: Councilmember Natali Fani-González — “Moving forward, not backward, on housing”
Apr 29
Finance

Property Tax Credit for Public Safety Workers Expanded, Applications Open

Applications for Bill 15-24, expanding the property tax credit for public safety workers in Montgomery County, are now live.

Fani-González· Apr 29, 2025· 1 link
From: Councilmember Natali Fani-González — “Moving forward, not backward, on housing”
Apr 29
Finance

Property Tax Credit Applications Open for Disabled Veterans

Applications for Bill 6-24, a property tax credit for disabled veterans in Montgomery County, are now open.

Fani-González· Apr 29, 2025· 1 link
From: Councilmember Natali Fani-González — “Moving forward, not backward, on housing”
Apr 29
Finance

County Executive Swaps Property Tax Hike for Income Tax Increase

County Executive withdrew a proposed 3.5% property tax increase, replacing it with a local income tax rate hike from 3.2% to 3.3%.

Fani-González· Apr 29, 2025· 1 link
From: Councilmember Natali Fani-González — “Moving forward, not backward, on housing”
Apr 29
Finance

County Executive Proposes $7.7B Budget with 3.5% Property Tax Hike

County Executive's FY budget proposal totals $7.7 billion and includes a 3.5% property tax increase and significant fee hikes.

Fani-González· Mar 28, 2025· 1 link
From: Councilmember Natali Fani-González — “Budget and update on housing”
Mar 28
Finance

FY26 Budget Public Hearings Set for April 7–8

The County Council will hold four public hearings April 7–8 on FY26 operating budgets for county agencies.

Balcombe· Mar 26, 2025· 0 links
From: Councilmember Marilyn Balcombe — “A Message from Marilyn: Wednesday, March 26, 2025”
Mar 26
Finance

Council Overrides Veto on Development Impact Tax Bill 22-24

The County Council overrode the County Executive's veto of Expedited Bill 22-24 on collection of development impact taxes on March 4.

Balcombe· Mar 12, 2025· 1 link
From: Councilmember Marilyn Balcombe — “A Message from Marilyn: Wednesday, March 12, 2025”
Mar 12
Finance

County Executive to Present FY2026 Operating Budget Friday

The County Executive presents the FY2026 Operating Budget to the County Council and public on Friday, March 14.

Balcombe· Mar 12, 2025· 4 links
From: Councilmember Marilyn Balcombe — “A Message from Marilyn: Wednesday, March 12, 2025”
Mar 12
Finance

County Eyes Doubling Homeowner Assistance to $8M in FY26

The More Housing N.O.W. package proposes increasing the Homeowner Assistance Program from $4M to $8M in the FY26 Housing Initiative Fund.

Fani-González· Jan 28, 2025· 0 links
From: Councilmember Natali Fani-González — “More Housing NOW”
Jan 28
Finance

ECON Committee Reviews FY25 Budget for Tourism, Workforce, Permits

The Economic Development Committee meets Jan. 27 and Jan. 30 for FY25 budget follow-ups on Visit Montgomery, WorkSource, and other agencies.

Balcombe· Jan 15, 2025· 0 links
From: Councilmember Marilyn Balcombe — “A Message from Marilyn: Wednesday, January 15, 2025”
Jan 15
Finance

Bill 28-24 Would Alter County Employee Retirement Plan Administration

Proposed bill changes powers and duties for administering Montgomery County Employee Retirement Plans. Public hearing Jan. 21.

Balcombe· Dec 18, 2024· 0 links
From: Councilmember Marilyn Balcombe — “A Message from Marilyn: Wednesday, December 18, 2024”
Dec 18, 2024
Finance

Public Safety Officers' Property Tax Credit (Bill 15-24) Finalized Soon

Bill 15-24 expanding property tax credits to county public safety officers and crisis response professionals passed; application process expected in early 2025.

Fani-González· Dec 5, 2024· 0 links
From: Councilmember Natali Fani-González — “Energy Efficiency Workshop, and more!”
Dec 5, 2024
Finance

Disabled Veterans Property Tax Credit (Bill 6-24) Application Coming in 2025

Bill 6-24, granting property tax relief for severely disabled veterans, passed in 2024; the application process is expected to roll out in 2025.

Fani-González· Dec 5, 2024· 0 links
From: Councilmember Natali Fani-González — “Energy Efficiency Workshop, and more!”
Dec 5, 2024
Finance

Bill Would Shift Development Impact Tax Collection to Final Inspection

Expedited Bill 22-24 would require development impact taxes to be collected at final building inspection rather than at permitting.

Balcombe· Dec 4, 2024· 0 links
From: Councilmember Marilyn Balcombe — “A Message from Marilyn: Wednesday, December 4, 2024”
Dec 4, 2024
Finance

Council Holds Hearing on Anti-Human Trafficking Procurement Bill

Bill 25-24 would require contractor certifications on human trafficking compliance and allow debarment for violations.

Balcombe· Dec 4, 2024· 0 links
From: Councilmember Marilyn Balcombe — “A Message from Marilyn: Wednesday, December 4, 2024”
Dec 4, 2024
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