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MoCo Monitor
Finance

Council Approves $1.3B FY27 Capital Budget, $6.3B Six-Year CIP

The Council passed a $1.3B FY27 Capital Budget and $6.3B FY2027–2032 Capital Improvements Program on a 9-2 preliminary vote.

MCCouncil· May 15, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Reaches Agreement on $7.9 Billion Fiscal Year 2027 Ope…”
May 15
Finance

Council Adopts Progressive Income Tax, Rejects Property Tax Hike

Council enacted a new tiered income tax structure; 95% of residents will pay less income tax, and a proposed 6.1% property tax increase was rejected.

MCCouncil· May 15, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Reaches Agreement on $7.9 Billion Fiscal Year 2027 Ope…”
May 15
Finance

Council Agrees on $7.9B FY27 Operating Budget, 9-2

Montgomery County Council reached preliminary 9-2 agreement on a $7.9 billion FY2027 operating budget; final vote set for May 21.

MCCouncil· May 15, 2026· 1 link
From: Montgomery County Council – Press Release — “Montgomery County Council Reaches Agreement on $7.9 Billion Fiscal Year 2027 Ope…”
May 15
Finance

Council Votes 6-5 to Eliminate $692 Homeowner Tax Credit

The Montgomery County Council voted 6-5 to eliminate the Income Tax Offset Credit, raising costs for many seniors and fixed-income homeowners.

Mink· May 15, 2026· 0 links
From: Councilmember Kristin Mink — “I voted to preserve the Income Tax Offset Credit”
May 15
Finance

Council Hearing: MCPS Capital Budget Supplemental Appropriations

Council holds June 9 hearing on three MCPS supplemental appropriations totaling ~$5.3M for facilities, sustainability, and technology.

MCCouncil· May 15, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council to Hold Public Hearings on June 9, June 16 and July 21…”
May 15
Finance

Council Reaches Preliminary FY27 Budget Agreement

Montgomery County Council reached a preliminary agreement on the $7.9B FY27 Operating Budget and FY27-32 Capital Improvements Program on May 15.

Glass· May 15, 2026· 0 links
From: Councilmember Evan Glass — “Councilmember Glass' Statement on the FY27 Operating Budget and Amendments …”
May 15
Finance

Elrich Criticizes Council's FY27 Budget Straw Vote

County Executive Elrich says Council's $140M property tax hike via ITOC elimination is regressive and relies on one-time budget maneuvers.

Elrich· May 15, 2026· 0 links
From: Statement - Montgomery County, MD — “Statement from County Executive Marc Elrich on the County Council Straw Vote on …”
May 15
Finance

Friedson Opposes FY27 Budget Over Tax Increases

Councilmember Friedson withheld support for the FY27 operating budget, citing tax increases and a projected ~$293M structural deficit.

Friedson· May 15, 2026· 0 links
From: Councilmember Andrew Friedson — “Councilmember Andrew Friedson’s Statement on the FY27 Operating Budget and Amend…”
May 15
Finance

Council Reaches Preliminary FY27 Budget Agreement, Final Vote May 21

Montgomery County Council reached a preliminary agreement on the FY27 operating and capital budgets May 15; final vote scheduled for May 21.

Luedtke· May 15, 2026· 0 links
From: Councilmember Dawn Luedtke — “Councilmember Luedtke's Statement on the FY27 Operating Budget and Amendmen…”
May 15
Finance

New Progressive Income Tax Structure Approved for County

95% of Montgomery County wage earners will receive an income tax cut under a new progressive income tax structure approved in the FY27 budget.

Fani-González· May 15, 2026· 0 links
From: Council President Natali Fani-González — “Council President Fani-González’s Statement on the FY27 Operating Budget and Ame…”
May 15
Finance

Council Reconciles FY27 Budget, CIP on May 15

Montgomery County Council meets May 15 at 10 a.m. to wrap up and reconcile the FY27 operating budget and six-year capital improvements program.

MCCouncil· May 14, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Meets on May 15 to Reconcile the Fiscal Year 2027 Oper…”
May 14
Finance

County Minimum Wage Rate Rising to $18.55 July 2026

Montgomery County's Wage Requirements Law rate rises from $18.15 to $18.55 per hour effective July 1, 2026.

Office of Procurement· May 14, 2026· 0 links
From: Montgomery County Procurement — “Business Opportunities Newsletter”
May 14
Finance

Bi-County Meeting to Vote on WSSC 2.4% Rate Hike

Montgomery and Prince George's councils meet May 14 to vote on a proposed 2.4% WSSC Water System Development Charge increase for FY2027.

Montgomery County Council· May 13, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Meets on May 14 to Reconcile the Fiscal Year 2027 Oper…”
May 13
Finance

Elrich Reacts to Council Budget Straw Vote

County Executive Elrich set to give his reaction to the County Council's straw vote on the next county budget at May 13 briefing.

PIO· May 13, 2026· 0 links
From: Media Advisory - Montgomery County, MD — “Montgomery County Executive Marc Elrich's Weekly Media Briefing at 12:30 p.…”
May 13
Finance

Council Reviews New Three-Tier Progressive County Income Tax

Proposed FY27 progressive income tax rates range from 2.70% on income up to $50K to 3.3% on income above $150K, effective Jan. 1, 2027.

MCCouncil· May 12, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Meets on May 13 at 9:30 a.m. to Review Fiscal Year 202…”
May 12
Finance

Council Proposes Steeper FY27 Solid Waste Service Charge Hikes

Council's recommended FY27 solid waste increases exceed the County Executive's proposal, with single-family rates rising $15.62 vs. proposed $9.11.

MCCouncil· May 12, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Meets on May 13 at 9:30 a.m. to Review Fiscal Year 202…”
May 12
Finance

Council Eyes 9-1-1 Fee Hike From $1.47 to $1.93

A proposed increase to the monthly County 9-1-1 fee would generate an estimated $9.07M more in FY27.

MCCouncil· May 12, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Meets on May 13 at 9:30 a.m. to Review Fiscal Year 202…”
May 12
Finance

Council to Vote on FY27 CUPF Fee Increase May 13

Council reviews resolution to raise Community Use of Public Facilities fees 7.5% for MCPS sites and Silver Spring Civic Building.

MCCouncil· May 12, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Meets on May 13 at 9:30 a.m. to Review Fiscal Year 202…”
May 12
Finance

Council to Hold Public Hearing on Income Tax Rate Hike

County Executive proposes raising income tax rate from 3.2% to 3.3% starting in tax year 2027; Council hearing set for May 12.

MCCouncil· May 11, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Meets on May 12 to Commemorate Asian American, Native …”
May 11
Finance

FY27 Cost Sharing Capital Grants Stage 2 to Launch End of May

Stage 2 of FY27 Cost Sharing Capital Grants expected to open end of May 2026 for nonprofits that passed Stage 1.

OGM· May 8, 2026· 0 links
From: Montgomery County, MD — “FY26 FUODR NOW OPEN! - MAY 8, 2026 MCG GRANT OPPORTUNITIES NEWSLETTER”
May 8
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