Apr 21, 2026 - TE/GO Committee Worksession

This meeting was a joint committee work session of the Montgomery County Transportation and Environment and Government Operations and Fiscal Policy Committees held on April 17, 2026. The primary focus was on the county executive's recommended budget increase of approximately $2.5 million for the Montgomery County Green Bank, representing a 14.7% increase from the FY26 approved budget. The discussion emphasized restoring the county's allocation to the Green Bank to the policy target of 10% of fuel energy tax revenues, which had been reduced in the previous fiscal year. Committee members highlighted the importance of the Green Bank's role in supporting climate resilience, greenhouse gas reduction projects, and compliance with Building Energy Performance Standards (BEPS). The Green Bank plans to deploy $25 to $30 million in funding to leverage $150 to $200 million in project value, focusing on commercial, industrial, and multi-family properties. The committee unanimously approved the budget increase, recognizing the Green Bank's critical role in advancing energy efficiency and resiliency projects in the county.