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As part of his final budget proposal as Montgomery County executive, Marc Elrich (D) is recommending a 6% property tax rate increase he says is needed to fully fund Montgomery County Public Schools (MCPS) in the upcoming fiscal year.
Elrich presented his $8 billion operating budget proposal for fiscal year 2027 during a Friday afternoon press conference at Rockville鈥檚 Richard Montgomery High School. The proposal now heads to the County Council for review.
The fiscal year 2027 proposal聽represents聽a $420 million 鈥� or 5.5% 鈥� increase over the county鈥檚 $7.6 billion operating budget for fiscal year 2026. Fiscal year 2027 begins July 1.
鈥淢y budget has tax increases because I cannot instantly grow the county,鈥� Elrich said during his budget presentation Friday. 鈥淵ou have to make investments to grow the county.鈥�
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