Montgomery County’s 2024 budget has a 13% tax increase, 4% wage increase

Montgomery County residents will see a 13% real estate tax increase in 2024.

Chief Financial Officer Dean Dortone called the tax increase a “revenue enhancement” as the county millage rate will climb from 4.237 mills to 4.778 mills. Dortone said the increase will generate $33.4 million for the general fund.

Officials adopted next year’s general fund budget on Thursday, December 21. According to The Reporter, the county has a “moderate $200,000 surplus” through revenue drivers such as real estate taxes (51.6%), federal and state grants (37.3%) and departmental earnings (11.1%).

Significant expenditures include the Health and Human Services accounts (38.6%), judicial administration (18.6%) and county administration (15.2%).

New personnel costs and inflationary operating cost increases were attributed to the increase in expenses, The Reporter said.

The Montgomery County Salary Board also approved a 4% wage increase for “qualified full-time and part-time employees.”

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