Montgomery County Taxpayers League

The Voice of Taxpayers of Montgomery County, Maryland

‘Montgomery County Bracing for Long-Term Revenue Decline’

From bethesdamagazine.com:

“Montgomery County is revising its six-year revenue forecasts down by more than $400 million as income tax revenue lags behind previous projections…[County Executive Ike] Leggett noted that during the recession the county passed a savings plan of about $970 million in one year. But he said cutting spending at that rate isn’t possible anymore, given how much had to be cut from the operating budget during the years of economic decline from 2008 to 2011.”

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