County Executive Marc Elrich issued a statement May 15, 2026 criticizing the Montgomery County Council's straw vote on the FY27 budget. The Council voted to eliminate the Income Tax Offset Credit (ITOC), raising property taxes by approximately $140 million — an approach Elrich called regressive for placing the full burden on homeowners, particularly those with lower-value homes, while leaving commercial property owners unaffected. Elrich also warned that the Council's budget relies on one-time maneuvers that will create additional fiscal challenges in future years.
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Source: Statement - Montgomery County, MD, “Statement from County Executive Marc Elrich on the County Council Straw Vote on FY27 Budget”, received May 15, 2026.
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2026-05-15
effective — County Executive Elrich statement issued on Council FY27 budget straw vote
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