The Bang Fraud and Internal Controls

The Bang Fraud and Internal Controls Will the County Council learn from the $6.7 million fraud perpetrated on the taxpayers of the county?  We will find out when its Audit Committee members meet on March 14th.  Will the Council expand the scope of the current Clifton audit contract to include testing and rendering of an…

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Cancelled

Due to weather conditions, the MCTL meeting scheduled for Wednesday, Feb. 20, has been canceled.

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Questions for meeting of February 20, 2019

Questions for meeting of February 20, 2019 Presentation:   “County Executive’s Transition Plan” Speaker:  Andrew Kleine, Chief Administrative Officer, Montgomery County Government 7 Questions sent to Mr. Kleine in advance of the meeting: 1. Thriving Youths –   Will the Executive recommend an MCPS FY 2020 budget based on a review of MCPS strategies to close…

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Notes from the meeting of Jan. 31, 2019 – Good Governance

Meeting of January 31, 2019 Topic: “Approaches to Good Governance in Montgomery County“ Speakers: Evan Glass, Council Member At-Large, Member Health & Human Services Comm., Transportation & Environment Comm. Andrew Friedson, Council Member – Dist. 1, Member Govt. Operations & Fiscal Policy Comm. ; Planning, Housing & Economic Development Committee Because of the limited time…

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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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