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Jeff Taylor presents proposed $477 million Montgomery County school budget with 2% employee COLA
Summary
At an April 17, 2026 Montgomery County School Board study session, Jeff Taylor presented the proposed FY27 consolidated budget, showing roughly $438.5 million in revenues and just under $477 million in expenditures; it includes a 2% employee COLA, increased technology and utility costs tied to a new school, and a $7.5 million capital request.
At a Montgomery County School Board study session on April 17, 2026, Jeff Taylor presented the proposed FY27 consolidated budget, including a 2% cost-of-living adjustment for employees and a package of operating and capital changes that together bring total expenditures to just under $477 million.
Taylor told the board the COLA would cost about $5,700,000 in total and that step increases were presented at $4,500,000; he also said salary-related benefits tied to those increases were $1,700,000. "For the FY '27 budget, it does include a 2% COLA for employees... That total cost is 5,700,000," Taylor said in his presentation.
He said the district projects total revenues of…
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