Leaders in cash-strapped Montgomery County are considering renewing an energy tax that is set to expire at the end of the fiscal year. The two-year increase in the county’s energy tax — 150 percent for residents and 60 percent for businesses — brought in $110 million in fiscal 2011 and is expected to bring in the same amount in fiscal 2012.
Renewing the tax would help the county come close to bridging an anticipated $140 million budget gap in fiscal 2013.
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