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County staff outlines tighter FY27 revenue picture amid one‑time pipeline funds
Summary
Finance staff told the Board that the FY27 base budget is roughly $1.3M below the approved budget and new revenue growth is modest (~$2.3M), citing business personal property losses, lower interest earnings, and pipeline valuation timing as key drivers.
Montgomery County finance staff presented the county’s fiscal year 2027 revenue outlook, telling supervisors the base for FY27 is roughly $1.3 million lower than the approved FY26 budget and that new revenue growth is modest.
Mark McGruder (finance) explained the county’s revenue structure — undesignated (flexible) versus designated (restricted) revenue — and described two components used to build the FY27 revenue estimate: a base revenue true‑up based on current year actuals (new construction, personal property, real estate valuation) and projected new revenue growth. He said FY26 was tracking to an approximate $1.1 million surplus largely…
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