Washington County forecasts $7.2M general-fund gap next year as SIP transfers decline
Washington County staff told the Board of Commissioners on Nov. 6 that an unusual 11.31% rise in assessed value this year was driven by SIP roll-offs and new data centers, but that fee-based SIP transfers to the county general fund have fallen from about $60 million to $41 million — a change that helps produce a projected $7.2 million general-fund gap for fiscal year 2026—27.
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Washington County's budget team told commissioners on Nov. 6 that an unusually large increase in assessed value this year masks a near-term revenue challenge: fee-based transfers from Strategic Investment Program (SIP) contracts are falling, and the county projects a $7.2 million general-fund gap for fiscal year 2026—27.
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