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June 24, 2010
Montgomery County overspends $60 million on snow budget
Don’t count Montgomery County officials among those wishing for winter relief this week. Snowmageddon forced the county to go $60 million over its $3.2 million budget slated for snow removal and storm cleanup, according to figures released by County Executive Ike Leggett. During the winter, Montgomery County experienced 17 snow and ice storms, accumulating roughly 100 inches of snowfall. Leggett wants the County Council to approve using the county’s reserves to cover the costs. Council members are exploring legislation that would raise mandatory reserves in future years, hoping to avoid another budget crisis and strengthen the county’s standing with credit-rating agencies. SOURCE: Washington Examiner
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