Fortune 500 companies choose VA, not MD

We recently did a little research into the number of Fortune 500 companies headquartered in Maryland and Virginia.  Of the total of 24 in the two states, three are headquartered in Maryland – all three in Bethesda (Lockheed Martin, Marriott International, and Host Hotels and Resorts). The other 21 are in Virginia – of which…

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Popular Annual Fiscal Report – FY18

Montgomery County recently released its Popular Annual Fiscal Report (PAFR) for FY18.  Its 16 pages are full of facts about the county’s fiscal resources and expenditures. Miscellaneous data include– —  Population: 1.057 million —  Median Household income:   $103,178 —  Top employer:  U.S. Department of Health and Human Services  (Of the top ten employers, 4…

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Why Maryland lost the Amazon HQ2 competition

From the Baltimore Business News on why Amazon did not choose a Maryland location for its new HQ2: “…Virginia officials knew their state has what it takes to win HQ2 without offering a huge incentive package to Amazon. Virginia has one of the most competitive business climates and favorable regulatory environments in the nation.”  …

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“Is MoCo Becoming a Second-Class County?”

From an article by Adam Pagnucco in BethesdaMagazine.com: “For years, county leaders have viewed the county’s budgetary, legislative and regulatory policies as separate from economic development. Let’s look at some of what our county has done. We have had nine major tax hikes in 16 fiscal years. We have led the region in passing costly…

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County’s Dark Economic Prospects

According to new report from the County Council’s Office of Legislative Oversight (OLO) the county faces a difficult fiscal path ahead.  Basically, income will not be enough to cover expenses.  About 88% of the county’s programs are financed by income taxes and property taxes.  Income taxes can’t be raised because the rates are at the…

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Budget cutting coming up?

From bethesdamagazine.com:  “The county, [legislative analysts Craig Howard and Aron Trombka] explained, was able to avoid a budget shortfall between 2014 and 2019 largely due to two factors—a sharp drop in retirement costs and additional revenue resulting from council’s vote to increase property taxes by nearly 9 percent in 2016.”    

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Notes from the meeting of Oct. 17, 2018 – Dept. of Liquor Control

Meeting of October 17, 2018 Topic: “The Department of Liquor Control” Speaker: Robert Dorfman, Director, Montgomery County Department of Liquor Control The Montgomery County Taxpayers League (MCTL) met with the Director of the Department of Liquor Control (DLC), Robert Dorfman and his staff on Oct. 17, 2018.  He provided an overview of the DLS’s position…

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Questions for meeting of October 17, 2018 Presentation:   “Department of Liquor Control:                                Are Major Improvements Making a Difference?” Speaker:         Robert Dorfman, Director                              Department of Liquor Control                              Montgomery County 1.  A few years ago, Montgomery County was dead last in the state for liquor and beer per capita sales?  Has the situation…

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Strategic Planning Video – Board of Education

View the 98-minute presentation on the strategic plan created by the county’s Public Schools and evaluated  by Andrew Kleine.  On the resulting page click on the “video” icon, the rightmost of the four at the top of the page.

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“More misguided spending will not fix Maryland schools”

Something to think about when you vote.   From the Baltimore Sun of June 24, 2018: Maryland ranks 6th in the nation in teacher salaries and 10th in the nation in per-pupil spending, according to EdBuild. From 1998 to 2014, our research reveals Maryland increased education operating expenses by $3.8 billion in inflation adjusted dollars —…

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