County Executive Alsobrooks Applauds County Council Passage of 2024 Budget

Final Agreement Recognized As A Collaborative, Fiscally Responsible Budget

From The Office of the County Executive

From the office of County Executive Angela Alsobrooks comes a very important message to Prince George’s County. On May 25, 2023, she announced her support for the fiscal year (FY) 2024 budget passed by the Prince George’s County Council. Despite the many challenges the County had to navigate during this budget cycle, the collaboration between the County Executive and County Council produced a fiscally responsible budget that improves critical government services without raising taxes on residents. The FY2024 budget is meant to represent a collaborative, fiscally responsible budget during a difficult budget year.

“Even though we faced a number of challenges this year, I’m proud that we came together to pass a budget that contains people-centered investments that will uplift all Prince Georgians,” said Alsobrooks. “Just like jurisdictions across the country, we are still feeling the effects of the COVID-19 pandemic and inflation, which impacted our revenues and forced us to make difficult and fiscally responsible decisions. We are proud of the final budget that we submitted to the County Council, which provides important services to residents, gives our County agencies the resources they need to serve our residents, and upholds the values of our community. I want to thank my colleagues on the Council for working closely with us to deliver a budget that improves critical government services while making investments to help grow the commercial tax base long-term, without raising taxes on residents.”

In addition, the County Executive announced in early May that income tax revenue projections were $60 million lower than initial projections when she released her FY 2024 proposed budget, which threatened to create a potential revenue shortfall. The County Executive made adjustments to the proposed budget to close the gap, using reserve funds for FY 2024 while also closely reviewing the budget for ways to optimize spending. A shortfall was averted without making cuts to government services or raising taxes.