Yesterday Montgomery County Executive Ike Leggett announced his recommendations for the FY16 Capital budget and proposed amendments to the FY15-20 Capital Improvement Program (CIP). Check out the news release with more details about the amendments here.
Note one of the proposed amendments to the FY16 budget in the announcements:
“*Acceleration of White Flint redevelopment expenditures for Main Street/Market Street and Executive Boulevard to coordinate with construction of the Conference Center parking garage, minimizing disruption to local businesses, saving money, and bringing pedestrian and bike improvements on line earlier.”
This is great to hear!
It is also important to understand that since a County Charter amendment was passed in 1996, “A new CIP budget is developed in even-numbered calendar years. In alternate years, such as 2015, the Executive may recommend limited amendments to the existing six-year CIP. “