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’s Richard Montgomery High School. The proposal now heads to the County Council for review.
The fiscal year 2027 proposal represents a $420 million — or 5.5% — increase over the county’s $7.6 billion operating budget for fiscal year 2026. Fiscal year 2027 begins July 1.
“My budget has tax increases because I cannot instantly grow the county,” Elrich said during his budget presentation Friday. “You have to make investments to grow the county.”
Read more at Bethesda Today.