The prospect of having to fund billions of dollars’ worth of school construction projects over the next six years has Montgomery County officials considering a targeted property tax increase, among other options for generating revenue.
“We don’t have the money. We just don’t,” County Council President Natali Fani‑González (D-Dist. 6) said during a Tuesday media briefing at the council office building in Rockville.
Montgomery County Executive Marc Elrich’s (D) $6.6 billion six-year capital improvements program (CIP) for fiscal years 2027 through 2032 represents a $634.1 million increase over the current CIP for fiscal years 2026 through 2031. Fiscal year 2027 begins July 1.