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The original item was published from 8/9/2018 2:19:42 PM to 9/8/2018 12:00:07 AM.

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Posted on: August 9, 2018

[ARCHIVED] County Executive Gardner Announces about $70 Million in Taxpayer Savings

Gardner Announces Major Taxpayer Savings

Changes made during the past four years have saved taxpayers close to $70 million, according to Frederick County Executive Jan Gardner.  The savings come primarily from three key initiatives: ending privatization that cost taxpayers more, achieving the trifecta of AAA bond ratings that brought better interest rates and saved taxpayers millions, and renegotiating agreements to give taxpayers a better deal.
Renegotiating the Oakdale-Lake Linganore agreement for an interchange on Interstate 70 at Meadow Road saves county taxpayers $48 million.
“Protecting taxpayers and saving money is job #1,” said Executive Gardner.  “These savings make life better for people by providing for needed schools, public safety, roads, libraries and parks, while we continue to hold the line on taxes.”
For additional information or watch the public information briefing.

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