Sec. 20-60. Adoption of Guidelines.
Montgomery County, Md., Code § 20-60 (2026)
Sec. 20-60. Adoption of Guidelines.LinkCopy Citation
(a)
General. The Council must adopt spending affordability guidelines for the operating budget in accordance with this Article.
(b)
Content. The spending affordability guidelines for the operating budget must specify:
(1)
a ceiling on funding from ad valorem real property tax revenues; and
(2)
a ceiling on the aggregate operating budget.
(c)
Procedures.
(1)
The Council must adopt spending affordability guidelines for the operating budget by resolution not later than the second Tuesday in February of each year.
(2)
The Council must hold a public hearing before it adopts the guidelines under paragraph (1).
(3)
The Council may delegate responsibility for monitoring relevant affordability indicators to the Council’s standing committee with jurisdiction over spending affordability matters.