At his State of the County speech on Thursday night, Montgomery County Executive Marc Elrich referred to “tough choices ahead,” including how the Maryland county will find ways to fund everything from education to environmental programs.
As part of his funding strategy, Elrich proposed changing the way he wants to fund the school system. Instead of raising the county’s property tax rate, he explained during a briefing with reporters Wednesday, that he’s proposed boosting the income tax rate in the county.
“The state has changed the law to let counties raise their income tax from 3.2 to 3.3%, and I’m proposing we go that route instead,” Elrich said. “It’s more progressive and allows us to eliminate the property tax increase altogether.”…