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MontCo budget gap grows to $136 million

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Montgomery County is facing a $136 million budget gap next fiscal year, almost double the $71 million that had been projected, as taxes are bringing in less revenue than expected. County finance officials on Tuesday predicted a drop in county revenue from property, energy and telephone taxes of about $8.8 million from fiscal 2013 to fiscal 2014, with costs expected to increase $98.8 million in...

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