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Metropolitan DC Local Politics
Reply to "Unsustainable govt spending in MoCo. More taxes increases in 2024? "
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[quote=Anonymous][quote=Anonymous]No wonder they're jamming through a gigantic 10% property tax increase: https://montgomeryperspective.com/2023/04/06/they-were-warned/ But it it doesn't sound like things are going to get better. Should people in MoCo expect even more tax increase over the next few years since it looks like govt spending is exploding and this kind of council/exec has shown no signs of reining in finances and cutting spending? [/quote] This kind of action is never a one-time thing. Once it starts, it never stops. I gather the pensions aren't fully funded already or this simply wouldn't be necessary. I am sure the funds will be put back. Maybe. Eventually. [quote] The County Executive’s recommended budget (pg. 8-4) includes a significant policy change to OPEB funding for FY23 by proposing the use of $20 million in OPEB Trust assets to pay current year retiree health claims for the County Government [/quote] [/quote]
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