ROCKVILLE, Md. (7News) — Montgomery County leaders are sounding an early alarm about the county’s financial future, pointing to a newly released six-year forecast that projects an $854 million decline in revenue — a shortfall that could force difficult decisions about services residents rely on.
County analysts said next year’s budget is stable, but beginning in 2027, the fiscal picture becomes far more challenging.
Finance officials said multiple economic trends are converging to shrink the county’s tax base. A reduced federal workforce, slower immigration affecting construction and hospitality, and higher building costs driven by tariffs are all tightening revenue streams…