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The $409.7M budget adds money to the county's general fund for the first time since 2007.
The Montgomery County Board of Commissioners on Thursday unanimously adopted a $409.7 million operating budget for 2013, completing a year-long process that county officials said involved an essentially complete teardown and rebuild of the county's financial operations. Board chairman Josh Shapiro said the budget, which does not increase the county's property taxes, establishes "a positive, long-term path forward for our county." In addition to funding "core" county functions, the budget sets aside $2.6 million for the county's general fund balance, which had shrunk from about $100 million at the beginning of 2008 to about $20 million when the current county administration took office. The county's shrinking cash reserves had led to credit…
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linda spreeman
9:12 am on Saturday, December 15, 2012
Upper Merion just adopted a budget also that has no tax hikes. Yippee! I live in a townhouse development and am actually on the Board of Directors. We worked very hard to keep costs down, find honest vendors who charge reasonable costs, contain capital expenditures. It is great to see communities, townships and other governing bodies working together to hold down costs. Too bad it takes a bad …   more ›