Email“Montgomery County Executive Marc Elrich Proposes FY27 Operating Budget”
ReceivedMar 14, 2026
County Executive Marc Elrich on March 13, 2026 released his recommended FY27 Operating Budget, proposing a 6.3-cent property tax increase and an income tax rate increase from 3.2% to 3.3%. The budget also includes $18.96 million in expenditure reductions and vacancy savings. The County Council will review the proposal over the coming months before adopting a final budget in May, with the new budget taking effect July 1, 2026.
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Key dates
2026-03-13
effective — FY27 Recommended Operating Budget released by County Executive Elrich
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