Montgomery County has posted its proposed budget for 2025. The proposed budget includes a $15.8 million structural budget deficit and recommends increasing the county’s real estate tax millage rate by nearly 9%, from 5.178 to 5.642 mills. The proposed millage rate increase would add approximately $28.8 million of new net real estate tax revenue to support the general fund. Public hearings are scheduled for Thursday, Dec. 12, with a morning session at 10:30 a.m. and an evening session at 5:30 p.m. Adoption of the 2025 budget is scheduled for Thursday, Dec.19.
Source: Montgomery County; 11/14/2024
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Montgomery County budget proposal includes tax increase
Published Friday, November 22, 2024