Wednesday, May 10, 2023

Montgomery County council looks to reduce MCPS funding to lower 10% tax hike

Lawmakers in Montgomery County are trying to trim back a controversial budget increase by Montgomery County Public Schools that would trigger a 10% property tax hike. 

After public reaction and public forums, the Montgomery County Council’s education committee is recommending reducing MCPS’ fund balance by $22.3 million, which would slightly lower the proposed tax hike.  Councilmember Will Jawando – who just announced a run for U.S. Senate – is the committee chair. He told FOX 5 that MCPS should tap into its unused funds. 

"We voted 3-0 to recommend to reduce by $22.3 million which is equivalent to 1% of the tax increase because of the fund balance. The school system's been carrying a pretty large fund balance of $25 to $35 million," said Jawando...

Montgomery County council looks to reduce MCPS funding to lower 10% tax hike (fox5dc.com)

No comments:

Post a Comment

If your comment does not appear in 24 hours, please send your comment directly to our e-mail address:
parentscoalitionmc AT outlook.com