When Prince George’s County Executive Angela Alsobrooks announced her fiscal year 2024 budget last March, she offered a reality check that tough choices were coming as federal pandemic funds dried up, tax revenue declined and mandatory education spending increased.
“This year alone, we have a legal mandate to spend an additional $88.4M on education. That’s more than our entire budget for health and human services,” Alsobrooks said.
As it turned out, the situation was even more dire than revealed that day.
When the budget finally passed the county council in May, a $60M deficit had to be closed with rainy day funds. Now, 7News learned that the latest forecasts for the county show a projected deficit gap that grows from $183M in FY 2025 to as much as $387M by 2030 unless revenue grows or spending is cut.
The county spending affordability committee is calling for 2.2% in spending cuts but tough decisions will have to be made.
Click here to read the rest of the article written by Brad Bell over at WJLA News Channel 7
