Budget and Revenue Outlook Report

Last week the County’s Chief Administrative Officer presented an Overview of Montgomery County’s Budget and Revenue Outlook to our Maryland General Assembly officials. You already know that the County is in the process of cutting an additional $70 million from this year’s budget for a total savings of $100 million. And then, we’ll be looking at a more than $600 million gap for Fiscal Year 2011 which begins on July 1. This report provides excellent detail on the County’s budget situation, and I find it particularly helpful.