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MoCo Monitor
Finance

County Minimum Wage Rate Rising to $18.55 in July 2026

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

Procurement· May 29, 2026· 0 links
From: Montgomery County Procurement — “Business Opportunities Newsletter”
May 29
Finance

Radio Show to Cover FY2027 $7.9B Budget Friday

En Sintonía con el Concejo airs May 29 at 2 p.m. on WILC 900AM with Council President Fani-González discussing the approved FY2027 budget.

MCCouncil· May 28, 2026· 0 links
From: Montgomery County Council – Press Release — “Tune in to En Sintonía con el Concejo This Friday at 2 p.m. on Radio America for…”
May 28
Finance

County Council Passes $7.9B FY2027 Operating Budget

Montgomery County Council approved the $7.9B FY27 Operating Budget, $1.3B Capital Budget, and $6.3B CIP on a recent vote.

Stewart· May 27, 2026· 1 link
From: Councilmember Kate Stewart — “Keeping Up with Kate: Supporting our residents during difficult times”
May 27
Finance

Income Tax Offset Credit Preserved in FY27 Budget

Council keeps $692 annual tax credit for eligible homeowners after proposal to eliminate it was rejected.

Sayles· May 22, 2026· 0 links
From: Councilmember Laurie-Anne Sayles — “Protecting What Matters Most: My FY27 Budget Update”
May 22
Finance

Council Rejects County Executive's Proposed Tax Increases

FY27 budget drops proposed 6.3-cent property tax hike and income tax increase to 3.3% legal maximum.

Sayles· May 22, 2026· 0 links
From: Councilmember Laurie-Anne Sayles — “Protecting What Matters Most: My FY27 Budget Update”
May 22
Finance

Council Extends Deadline for Retirement Board Trustee Applicants

Deadline to apply for Council-recommended seat on two county retirement investment boards extended to June 22, 2026 at 5 p.m.

MCCouncil· May 22, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Seeks Applicants for Representative on the Board of In…”
May 22
Finance

County Council Approves $7.9 Billion FY27 Budget

The Montgomery County Council approved the $7.9 billion FY27 budget on May 21, 2026, including a record $3.7 billion for MCPS.

Glass· May 22, 2026· 1 link
From: Councilmember Evan Glass — “Glass Gazette May 21, 2026: Budget, Pride, and Tree Removal”
May 22
Finance

Council Hearing: $2.1M State Fire and Rescue Grant (Amoss Fund)

Public hearing June 16 on a $2.1M state Senator Amoss grant for Montgomery County Fire and Rescue Service.

MCCouncil· May 22, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council to Hold Public Hearings on June 9, 16 and 30, 2026”
May 22
Finance

Council Hearing: $44M Snow Removal and Storm Cleanup Funds

Public hearing June 16 on $44.4M in supplemental appropriations to cover FY26 snow removal and storm cleanup costs.

MCCouncil· May 22, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council to Hold Public Hearings on June 9, 16 and 30, 2026”
May 22
Finance

County Procurement Wage Requirement Rising to $18.55 July 1

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

Procurement· May 22, 2026· 0 links
From: Montgomery County Procurement — “Business Opportunities Newsletter”
May 22
Finance

Council Unanimously Passes $1.3B FY2027 Capital Budget

The Council unanimously approved a $1.3B FY2027 Capital Budget and a $6.3B Capital Improvements Program for FY2027–2032.

MCCouncil· May 21, 2026· 0 links
From: Montgomery County Council – Press Release — “El Concejo del Condado de Montgomery Vota para Aprobar el Presupuesto Operativo …”
May 21
Finance

Council Adopts Progressive Income Tax, Rejects Property Tax Hike

Council enacted a tiered income tax structure giving 95% of residents a tax cut and rejected a 6.1% property tax increase.

MCCouncil· May 21, 2026· 0 links
From: Montgomery County Council – Press Release — “El Concejo del Condado de Montgomery Vota para Aprobar el Presupuesto Operativo …”
May 21
Finance

Council Raises 9-1-1 Fee 8 Cents, Adding $1.6M Revenue

The County Council passed an 8-cent increase to the 9-1-1 fee, generating $1.6 million in new dedicated revenue on a 10-1 vote.

Jawando· May 21, 2026· 0 links
From: Councilmember Will Jawando — “Councilmember Jawando Votes to Approve FY27 Budget”
May 21
Finance

County Council Approves FY27 Operating Budget

Montgomery County Council voted May 21 to adopt the FY27 operating budget, closing a $189M structural gap without a property tax rate increase.

Jawando· May 21, 2026· 1 link
From: Councilmember Will Jawando — “Councilmember Jawando Votes to Approve FY27 Budget”
May 21
Finance

Council Passes $7.9B Budget With Progressive Income Tax

Montgomery County Council approved a $7.9B operating and $6.3B six-year capital budget on May 21, replacing a flat income tax hike with a progressive structure.

Fani-González· May 21, 2026· 1 link
From: Council President Natali Fani-González — “Council passes $7.9 billion budget with new progressive income tax structure | E…”
May 21
Finance

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

Council unanimously passed the $1.3B FY27 Capital Budget and $6.3B FY27-32 CIP for schools, roads, public safety, and community projects.

MCCouncil· May 21, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Votes to Approve $7.9 Billion Fiscal Year 2027 Operati…”
May 21
Finance

County Adopts Progressive Income Tax, Rejects Property Tax Hike

New tiered income tax structure gives 95% of residents a tax break; County Executive's 6.1% property tax rate increase was rejected.

MCCouncil· May 21, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Votes to Approve $7.9 Billion Fiscal Year 2027 Operati…”
May 21
Finance

Council Approves $7.9B FY27 Operating Budget 9-2

Montgomery County Council passed the FY27 operating budget 9-2, slowing spending growth from 5.7% to 4.4% compared to the County Executive's proposal.

MCCouncil· May 21, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Votes to Approve $7.9 Billion Fiscal Year 2027 Operati…”
May 21
Finance

Council to Vote on $7.9B FY27 Operating Budget May 21

Montgomery County Council meets May 21 to take final votes on the FY27 operating budget, FY27 capital budget, and FY27-32 CIP.

MCCouncil· May 20, 2026· 0 links
From: Montgomery County Council – Press Release — “Montgomery County Council Meets on May 21 for Final Votes on the County's $…”
May 20
Finance

Elrich Briefing: Council Budget Financial Impacts, May 20

County Executive Marc Elrich holds virtual media briefing at 12:30 p.m. May 20 to discuss financial impacts of last week's Council budget vote.

PIO· May 20, 2026· 0 links
From: Media Advisory - Montgomery County, MD — “Montgomery County Executive Marc Elrich's Weekly Media Briefing at 12:30 p.…”
May 20
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