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Committee recommends keeping Montgomery County spending-affordability guidelines for FY25–30 CIP
Summary
The Government Operations and Fiscal Policy Committee voted unanimously to recommend that the County Council retain the current spending-affordability guideline (SAG) limits for the amended FY25–30 Capital Improvement Program, citing improved debt indicators and updated revenue and cost assumptions.
The Government Operations and Fiscal Policy Committee of Montgomery County recommended unanimously that the County Council keep the current spending-affordability guideline (SAG) limits for the amended FY25–30 Capital Improvement Program (CIP), committee staff said during a Jan. (date not specified) work session.
Committee staff said the current SAG limit — $280,000,000 in general obligation (G.O.) bonds per year across each of the six years of the CIP, for a six‑year total of $1,680,000,000 — should be retained while staff continue to monitor updated economic inputs and debt indicators. "Despite the improvements we're projecting, we do recommend that we stay within the current SAG limit for this upcoming CIP," a Department of Finance presenter told the committee.
The recommendation matters because the Council must approve the CIP and has until the…
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