FY27 Budget Invests $597K in BioHub, Boosts WorkSource
County ExecutiveMar 14, 2026
County Executive Elrich's FY27 budget allocates $597,000 for the BioHub Maryland training center to support careers in life sciences, and increases WorkSource Montgomery's budget by 7.8% to $3.4 million. The budget also includes a new Upcounty American Job Center, a 9% increase to $5.7 million for the Montgomery County Economic Development Corporation, and maintains $5 million for the University of Maryland Institute for Health Computing.
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Source: Press Release - Montgomery County, MD, “Montgomery County Executive Marc Elrich Proposes FY27 Operating Budget”, received Mar 14, 2026.
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Key dates
2026-07-01
effective — FY27 economic development investments take effect
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