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Montgomery County Public Schools (MCPS)
Reply to "Magnet MS results - Takoma Park & Eastern - anyone heard today?"
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[quote=Anonymous][quote=Anonymous] Just do simple math. If the house price overall is not declining, and giving the fact that property tax rate keeps on increasing for the past couple of years, w[b]hy MC is experiencing such a big hole in budget? Where did the money go?[/b] I have a coworker living in Silver Spring for more than 20 years. She saw the retreat of the "dividing boundary" from 97, to 355, now to 270. And I saw the boundary moving from up north to North Potomac in the past 5 years or so. Let's wait and see how long the "old money" in Bethesda and Potomac would disappear. [/quote] It's not a big hole, and it didn't go anywhere. It's a $120 million shortfall in a $5.4 billion operating budget, due to income tax revenues that came in below projections. Which "dividing boundary" are you talking about, anyway? The right side and the wrong side of the tracks in Silver Spring? Have you been to closer-in Silver Spring lately? [/quote]
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