Montgomery County officials proposed a new budget plan which they believe will help solve the county’s recent financial problems.
Montgomery County residents won't have to deal with an increase in their taxes if the county's proposed budget plan is approved.
The 2013 budget plan, revealed during a meeting on Thursday, proposes a $413.8 million county budget for next year that doesn’t include an increase in county real estate taxes, according to the Montgomeryville-Lansdale Patch. The Lansdale Patch also reports the plan sets aside $2.5 million to begin replenishing the county’s depleted cash reserves, a move which Board of Commissioners Chairman Josh Shapiro calls a “serious down payment on the future.”
“When our predecessors took office, their reserve fund stood at $100 million,” Shapiro told the Lansdale Patch. “When we took office it was a mere $20 million.”
Commissioner Bruce Castor claimed the budget addressed problems created by former members of the Board of Commissioners, according to the Patch.
The Lansdale Patch reports the budget will reflect the elimination of 72 county positions between January 2012 and January 2013
Two more budget hearings for the county are set to take place 10 a.m. and 5 p.m. on November 29. The budget will then be put up for final approval during the Board of Commissioners meeting on December 6.