From the County Executive’s proposed FY2015 Budget (p. 16):
“However, expenditures are estimated to grow by specific major known commitments of $132 million, illustrating the costs and challenges that exist in the budget, producing a budget gap of $166 million that must be closed by March 15th.
“Because of State law requiring a certain level of funding for MCPS and Montgomery College, County Government and Park and Planning could sustain reductions of nearly 3%.”
The required “level of funding” is the Mainenance of Effort law. When the bill was proposed in Annapolis, our County Council and County Executive strongly opposed it, warning of the financial burden it would place on our county. However, all 24 county Delegates and 7 of our 8 Senators (except for Sen. Brian Frosh) voted for the proposal.
Read the full document.