County Executive Marc Elrich released his recommended FY27 Operating Budget on March 16, 2026, proposing a 6.3-cent property tax increase and a 0.1 percentage point income tax increase (from 3.2% to 3.3%). The budget also includes $18.96 million in expenditure reductions. The County Council will review the proposal over coming months before adopting a final budget in May, with the new budget taking effect July 1.
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Source: Press Release - Montgomery County, MD, “UPDATED Press Release: Montgomery County Executive Marc Elrich Proposes FY27 Operating Budget”, received Mar 16, 2026.
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This alert didn't include additional links. The primary source is the county email cited above.
Key dates
2026-03-16
effective — FY27 Recommended Operating Budget released by County Executive
2026-07-01
effective — New FY27 budget takes effect if adopted
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