Capital Improvements Budget Discussions

Industry Observer with Retired

Capital Improvements Budget Discussions


Montgomery County Executive Marc Elrich will hold six “community conversations” at sites around the County in April and May to talk about long-term priorities and how he will address the Fiscal Year 2025 Capital Improvements Program (CIP) budget. The first event will be from 7-8:30 p.m. on Wednesday, April 12, at the White Oak Community Recreation Center in Silver Spring.

Five of the community conversations will be in-person events. On May 1, the community conversation will be a virtual only event.

A capital budget plan that states how much money is needed for major construction projects and for purchase and maintenance of the assets. It also determines the amount of time that will be used for the planning and design of the project. The CIP refers to items such as land, buildings, equipment and other investments in the County.

The capital budget addresses planning for long-term major projects. It differs from the County operating budget, which funds spending needs for a one-year period.

The community conversation events will address how the County Government will make decisions on major projects such as the construction of public schools, building swimming pools, transportation improvements, improvements to sidewalks, improvements to local parks, building parking garages and establishing childcare centers.

The schedule and sites for the FY25 Capital Budget community conversations:

  • Wednesday, April 12. 7-8:30 p.m. In-person event. Conversation for the Eastern County. White Oak Community Recreation Center. 1700 April Lane, Silver Spring.
  • Monday, April 17. 7-8:30 p.m. In-person event. Conversation for Silver Spring Region. Silver Spring Civic Building (Spring Room). 1 Veterans Pl., Silver Spring.
  • Wednesday, April 19. 7-8:30 p.m. In-person event. Conversation for Bethesda-Chevy Chase Region. Bethesda-Chevy Chase Regional Services Center (East-West Room). 4805 Edgemoor Lane, Bethesda.
  • Monday, April 24. 7-8:30 p.m. In-person event. Conversation for the UpCounty Region. Sidney Kramer UpCounty Regional Services, 12900 Middlebrook Rd, Suite 1000, Germantown.
  • Wednesday, April 26. 7-8:30 p.m. In-person event. Conversation for the Mid-County Region. Wheaton Community Recreation Center. 11701 Georgia Ave., Silver Spring,
  • Monday, May 1. 7-8:30 p.m. Virtual event. Details to be announced.

This is a Montgomery County, Maryland announcement.


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Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Comments (15)

Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH

Thanks for sharing Roy!!!  Its one of the most important financial planning steps!!!

A capital budget plan that states how much money is needed for major construction projects and for purchase and maintenance of the assets. It also determines the amount of time that will be used for the planning and design of the project.

Mar 28, 2023 03:51 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good  morning Roy,

Good to have discussion on the Capital Improvement Budget. Always best to hear what the tax payers have to say as its their money you are spending.

Mar 28, 2023 05:08 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:

Always looking at the future, Happy Taco Tuesday, and thanks for the share. Bill 

Mar 28, 2023 05:42 AM
Phyllis Ross
eXp Realty LLC Salina Group - Salina, KS
Realtor Central Kansas Residential Sales

Good Morning, Delightful information Roy! Thank you for sharing. Have a magnificent day and a very blessed week.

Mar 28, 2023 06:08 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy, good to stay on top of the improvements happening in and around you.

Mar 28, 2023 06:36 AM
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Selling the Main Line & Chester County

Budgets can be contentious but necessary to keep everything on the up and up.

Mar 28, 2023 06:43 AM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

Mar 28, 2023 07:00 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Roy and good to have the public involve of how money could be spend.  We may be looking at a new football stadium and the last NFL stadium in Denver was just built in 2001.  Of course TAXPAYERS are to pay for it.


Mar 28, 2023 07:50 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Community discussions in Montgomery County Roy keeps the residents aware and involved!

Mar 28, 2023 08:05 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

This is important information for folks living in your community, Roy.  I hope you are having a good week.

Mar 29, 2023 01:46 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much for your comments. It is always good to hear from you.

Mar 29, 2023 07:28 AM