This project reconciles Montgomery College's request with the County Executive's recommendation based on affordability considerations. The FY21-26 CIP was developed under constrained resources. For example, through the Spending Affordability Guideline process, General Obligation bond and PAYGO funding were reduced by $99 million over the six-year period to constrain future repayment costs. In addition, school and transportation impact taxes that free up General Obligation bonds for other uses are estimated to be $68.3 million below the FY19-24 six-year funding. Despite these reduced resources, the County Executive was able to fund a $37.1 million, or 13.4 percent, increase in the College's six-year CIP.

The project reconciles the County Executive's recommended FY21-26 CIP with the College's request based on FY21-26 affordability constraints. The intent of the Affordability Project is to provide maximum flexibility to the College in adjusting specific budgets. In particular, the County Executive has deferred recommending increases in Current Revenue funding until they can be considered in the context of the operating budget. State Aid may be reduced or deferred based on affordability adjustments.

Montgomery College asserts that this project conforms to the requirement of relevant local plans, as required by the Maryland Economic Growth, Resource Protection and Planning Act.