They came from every corner of the county, from every race, age and ethnicity of humankind, united only by their shirts of radioactive yellow. That is the war color of…
Budget and Taxes
665 Articles
665
2 Min Read
Montgomery County’s employee unions are trying to hold the line against more budget cuts tonight. But interestingly, they’re not doing it together.MCGEO, the giant county employees union, is holding a…
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Moody’s Threatens Downgrade to MoCo Bonds
1 Min Read
1 Min Read
Moody’s Global Credit Research, an agency that evaluates bond risk, has maintained its top rating on Montgomery County’s general obligation bonds for now but has placed the county “on review”…
1 Min Read
Fromm News Channel 8:
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Fitch Ratings Cautious on MoCo Budget
6 Min Read
6 Min Read
Following is the statement by Fitch Ratings, an agency that assesses bond risk, on the effect that Montgomery County’s budget problems may have on its creditworthiness. Currently, Fitch, like Standard…
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County Reveals Furlough Plan
3 Min Read
3 Min Read
Montgomery County Chief Administrative Officer Tim Firestine revealed the county’s furlough plan today, which calls for 80 unpaid hours off for all full-time non-public safety and non-public school employees over…
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Leggett Warns Council on Bond Rating
6 Min Read
6 Min Read
The Gazette reported this morning on County Executive Ike Leggett’s warning to the County Council about risks to the county’s AAA bond rating. We have the full text of Leggett’s…
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Pension Surprise Wrong for Montgomery County
5 Min Read
5 Min Read
By Patricia B. O’Neill, President, Montgomery County Board of Education. Last week, in a surprising move, the Maryland Senate voted to transfer hundreds of millions in teacher pension costs from…
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How to School Annapolis
7 Min Read
7 Min Read
This year was supposed to be a lean year in the statehouse. Cuts were everywhere. Furloughs and pink slips were being handed out left and right. State aid and teacher…
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MCEA Condemns Teacher Pension Shift
2 Min Read
2 Min Read
Following is a press release from MCEA opposing the shift in teacher pensions that was passed by the Senate. The release contains some pointed language directed at Senator Rich Madaleno…