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Budget Year / Version:
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Program Description

  Montgomery County Economic Development Corporation

This is the private non-profit corporation established by Bill 25-15 that serves as Montgomery County's lead economic development organization. The Economic Development Corporation is responsible for implementing the County's economic development strategic plan and related programs that include marketing, business retention and attraction, entrepreneurship, and promoting the development of the County's economic base.

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Program Contacts

Contact Julie Knight of the Office of Management and Budget at 240-777-2760 for more information regarding the operating budget for the Non-Departmental Accounts.

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Program Budget Changes

FY26 Recommended ChangesExpendituresFTEs
FY25 Approved46709480.00
Enhance: Increase Funding to Establish International Offices2500000.00
Enhance: Increase Funding for International Business Development2000000.00
Increase Cost: Three Percent Inflationary Adjustment to Non-Profit Service Provider Contracts1401280.00
FY26 Recommended52610760.00