Tomorrow we will get our six-month update on the County’s fiscal plan and economic indicators. We expect to hear that compared to the June 2012 edition, current fiscal projections for FY13-14 are essentially unchanged. Therefore, a balanced County budget in FY14 would require a 1.0 percent reduction in overall agency spending, but because of State maintenance of effort requirements for MCPS and Montgomery College, spending for M-NCPPC and County Government would decline by 4.9 percent. In the June update this decline was slightly larger, 5.2 percent. To hear the full report, tune in to County Cable Montgomery (CCM—Cable Channel 6 on Comcast and RCN, Channel 30 on Verizon) at 10:00 tomorrow morning. The meeting also will be streamed through the County Web site.
Monday, December 10, 2012
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