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Baltimore County outlines fiscal challenges, plans April budget release amid state and federal uncertainty
Summary
County Executive Kathy Klausmeier and Director Kevin Reed presented the county's FY26 budget outlook at a District 2 town hall, warning of state funding cuts, uncertainty in federal aid and a need to balance growing fixed costs with limited new revenue.
County Executive Kathy Klausmeier and Kevin Reed, director of the Baltimore County Office of Budget and Finance, told residents at a District 2 budget town hall that the county faces fiscal uncertainty heading into the FY26 budget year and will release a proposed budget on April 11.
Why it matters: Reed said federal aid makes up roughly 9% of the county's operating revenues and that uncertainty at the federal level, together with a projected $3 billion state deficit, could force the county to absorb additional costs. He and the county executive said the county must present a legally balanced budget by July 1 while protecting its AAA bond rating.
Reed summarized the county's finances and…
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