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MoCo Monitor
Finance

County Executive Proposes Property Tax, Income Tax Hikes in FY27 Budget

Balcombe Mar 25, 2026
County Executive Marc Elrich released his recommended Fiscal Year 2027 Operating Budget on March 13, 2026, proposing a 6.3-cent property tax increase projected to generate $165.7 million and a 0.1% income tax rate increase from 3.2% to 3.3% projected to generate $20 million. The property tax increase is tied to funding MCPS's budget request. Public hearings on the FY27 budget are scheduled for April 7–9, 2026, with a sign-up deadline of April 3, 2026 at noon.
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Source: Councilmember Marilyn Balcombe, “A Message from Marilyn: Wednesday, March 25, 2026”, received Mar 25, 2026.

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