On March 15, the County Executive proposed increasing the energy tax by 39.6%. On March 25, he proposed increasing it by 63.7% because of threatened downgrades to the county’s bonds…
Economy
Sleeping Giant Stays in Bed
Last month, we ran a four-part series on the policy and political implications of the Gaithersburg West Master Plan. We asked whether the issue was a “sleeping giant” and speculated…
Hopkins Slams Costco Subsidy
District 1 County Council candidate Ilaya Hopkins condemned the Leggett administration’s $4 million subsidy for Costco at Westfield Wheaton today, a deal that includes a zoning text amendment expediting Costco’s…
Differing rates of population, employment and real wage growth have resulted in greater rates of cross-border commuting since 1970. That commuting, which is often skewed towards the west in the…
In the first five parts of this series, we examined differing rates of growth in population, employment and real wages across the Washington region and explored historic shifts of commuting…
In Part Two, we saw that Fairfax County was adding population and employment, and seeing increases in real wages, at much higher rates than MoCo or Prince George’s County. And…
Yesterday, we examined commuting patterns to jobs inside the District of Columbia and Prince George’s County. Today, we’ll look at who holds jobs inside MoCo and Fairfax.Montgomery County In 1970,…
In Part Two, we demonstrated significant differences between jurisdictions in the Washington region in population growth, employment growth and real wage growth since 1970. Those differences have impacted the region’s…
Everyone knows that both population and employment have grown by significant amounts in the Washington Metropolitan Statistical Area (MSA) since 1970. But the jurisdictions in the area have grown at…
Fitch Ratings Cautious on MoCo Budget
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…