Leggett Announces Capital Construction Budget: Includes Funding for Transportation Needs

For Immediate Release: Wednesday, January 18, 2017

County Executive Ike Leggett released his recommended FY18 Capital Budget and amendments to the six-year FY17-22 Capital Improvements Program (CIP). The budget recommends over $2 billion for education, including $1.73 billion for the Montgomery County Public Schools (MCPS), the highest funding level ever provided, as well as $332 million for Montgomery College.

In keeping with Leggett’s focus on job creation and business growth, the budget provides critical support for such initiatives as White Oak Redevelopment and the Rapid Transit System initiative designed to connect with job centers, beginning with the US 29 highway.

Transportation funding includes:

• $48.4 million for the proposed County Rapid Transit system, up $31.5 million from last year’s capital budget. The project leverages $10 million in federal grant funding.
• $17 million in core infrastructure investments in needed bridge and facility repairs.
• $2 million acceleration in funding for the resurfacing of residential and rural roads.

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Release ID: 17-012
Media Contact: Esther Bowring 240-777-7155