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Montgomery County unveils funding plan to cover nearly all MCPS FY26 request

3289339 · May 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County leaders announced a collaborative funding plan that would provide Montgomery County Public Schools (MCPS) with 99.8% of its FY2026 budget request by using one-time draws from a retiree health benefit trust and a larger county contribution; the plan will be considered by the full County Council later this week.

Montgomery County Council President Kate Stewart announced a collaborative funding plan on behalf of the county and the Montgomery County Board of Education that would provide Montgomery County Public Schools (MCPS) with 99.8% of its fiscal 2026 funding request while avoiding an immediate countywide income tax increase.

The funding proposal, described at a joint press event with Board of Education President Julie Yang and MCPS Superintendent Thomas Taylor, would use one-time resources — including an increased drawdown from the retirement health benefit trust — alongside a larger county contribution to bridge a budget gap while the county and school system pursue longer-term solutions.

“This year … has been a very difficult budget year,” Council President Kate Stewart said. She said the plan would let the county pass a budget without raising the…

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