The County’s budget is the government’s estimated revenues and expenditures for a specific period of time. The County’s budget runs on a fiscal year basis that begins on July 1 and ends on June 30. It consists of the Operating Budget, which accounts for day-to-day operations, and the Capital Budget, which is the first year of the Capital Improvement Program. The core function of the budget office is to coordinate, develop, implement and evaluate the County’s operating and capital budgets.  

The County’s Capital Improvement Program (CIP) is a five-year plan that prioritizes and provides a funding mechanism for large-scale capital infrastructure improvements in the County.  These improvements include significant upgrades to existing infrastructure and facilities and/or the addition of new infrastructure and facilities.  In order to qualify as a capital improvement, a project must have a useful life of five-years or more and cost at least $50,000.  Montgomery County’s CIP is an integral part of the County’s overall budget.