Montgomery County faces new $100M budget hole

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Big cuts are likely in store for Montgomery County, as officials try to figure out how to fill a new and unexpected $100 million budget hole.

County officials learned this week that they would receive $85 million, or 28 percent, less in income tax revenue in November than expected. The state collects the county’s income tax and distributes it to the county throughout the year, with November being one of the biggest pay periods.

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