Leggett Releases Budget For "Critical Capital Needs"
Montgomery County Executive Isiah Leggett (D) today sent the County Council his recommended revisions to the six-year budget for bricks-and-mortar projects. The budget slows down funding in some cases, reflecting the tough economic times for the county and the state.
"My administration is scrutinizing every dollar...to ensure that resources are spent on our most critical capital needs," Leggett said in a memo to the council.
"By reexamining project schedule time plans, we will make available resources from existing projects - without significant delays."
The so-called capital budget includes a major investment of about $40 million in a new biosciences education center at Montgomery College's Germantown campus as long as the contribution is matched by state funds. Leggett also backs nearly all of the school system's request, which will provide additional classrooms at six elementary schools where enrollment is projected to rise.
But some projects will be delayed. Among them: A 6th District Police Station in Gaithersburg; the south entrance at the Bethesda Metro station; an upgraded facility for the Wheaton Rescue Squad and a North County maintenance depot.
The six-year plan relies on $1.8 billion in general obligation bonds and must be approved by the County Council. Leggett also freed up about $30 million to help close a projected $450 million shortfall for the day-to-day operating budget for fiscal 2010.
January 15, 2009; 5:13 PM ET
Categories: Ann Marimow
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