February 28, 2010

Montgomery County budget shortfall hits $762,000,000

Montgomery County officials are considering laying off as many as 250 employees to help fill a $762 million budget shortfall in fiscal 2011, Chief Administrative Officer Timothy Firestine said Tuesday.

The size of the shortfall has grown by $154 million from earlier this year, when the figure was put at $608 million. Part of the increase was due to the high price tag for snow removal and cleanup following the recent back-to-back blizzards — more than $25 million.

County Executive Isiah Leggett (D) said Tuesday that he is weighing several options to trim the budget, but has made no final decisions on his proposed budget, which is due March 15.

"Essentially, everything is on the table," Leggett said of possible cuts.

SOURCE: Gazette

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