Thursday, June 20, 2024

Council Approves FY25 Budget

 

The Montgomery County Council voted to approve the County’s $7.1 billion Fiscal Year 2025 Operating Budget and the $5.84 billion FY25-30 Capital Improvements Program, which funds school construction, infrastructure improvements, and community projects.

The operating budget provides funding for education, public safety, health and human services, and affordable housing. The Council also invested resources to combat climate change and to encourage economic growth.

Transportation-related operating budget projects include: 

  • MCDOT funding in the amount of $63 million. These funds are divided among MCDOT’s General Fund, the Leaf Vacuuming Fund and the Grant Fund. The General Fund is used to plan, design and coordinate development and construction of transportation and pedestrian routes, operate and maintain the traffic signal system and road network and to develop and implement transportation policies to maximize efficient service delivery.  
  • Division of Transit Services funding in the amount of $193 million, which provides public transportation services in the County and its budget is composed of the Mass Transit Fund and the Grant Fund. 
  • More than $370,000 for the Vision Zero NDA, which is an increase of 85 percent from last year’s budget to fund the oversight and coordination of the Vision Zero Initiative to end traffic related serious injuries and fatalities. This increase in funding was made possible because of a federal grant. 

Transportation-related capital projects include: 

  • Funding for the implementation of the comprehensive flood management plan in the amount of $153 million over six years.  
  • Funding for a hydrogen bus center in the amount of $10.95 million to plan, design and construct a hydrogen fuel cell bus and fueling site at the Equipment Maintenance and Transit Operations Center in Gaithersburg. .
  • Funding restoration for the Summit Avenue Extended Project for the master-planned northern extension of Summit Avenue from Plyers Mill Road to Farragut Road. Summit Avenue is a two-lane, two-way business district street in the Town of Kensington.  
  • Funding for design and construction of four new bridge projects: Auth Lane Pedestrian Bridge, Brookville Road Bridge, Redland Road Bridge, and Schaeffer Road Bridge.