- Home
- The Council
- County Council Budget Portal
- Fiscal Year 2025
Create a Website Account - Manage notification subscriptions, save form progress and more.
PRINCE GEORGE’S COUNTY COUNCIL ADOPTS $5.46 BILLION FY 2025 BUDGET
The Prince George’s County Council, convening Thursday, May 23, 2024, adopted a balanced $5.46 billion Operating Budget for Fiscal Year 2025 which begins July 1, 2024.
The budget shortfall this year is $171 million due to factors including higher interest rates that have hurt home sales and reduced tax income; the ending of federal pandemic funds; rising inflation; the increasing impacts of climate change; and increasing state requirements for education funding.
The Spending Affordability Committee shall make advisory recommendations to the County Executive, the County Council, and the Office of Management and Budget concerning: (1) Spending affordability; (2) Ways to improve the County's budgetary procedures and policies; and (3) Other related areas upon request of the County Executive or County Council by resolution.
READ MORE
2025 Fiscal Year Approved Budget
2025 Fiscal Year Approved CIP Budget
2025 Operating Budget - Complete Book
Remarks - Fiscal Year 2025 Budget Reconciliation and Adoption
The Honorable Jolene Ivey, Chair, Prince George’s County Council (May 23, 2024 (as prepared for delivery))
COUNCIL CHAIR JOLENE IVEY ADDRESSES PROPOSED FISCAL YEAR 2025 BUDGET
Press Release on Budget Adoption on May 23, 2024
The proposed FY 2025 budget for all funds is $5.46 billion, an increase of $54.0 million or 1.0% over the FY 2024 budget.
General Fund expenditures in the FY 2025 proposed budget are $4.57 billion, an increase of $61.1 million or 1.4% over the FY 2024 budget. The hallmark of the budget continues to make strategic investments in education, public safety, health and human services agencies. Approximately 85.5% of the County’s budget supports K-12 education and public safety costs. Funding for the Board of Education comprises the largest portion of the County’s budget at 65.6%. In FY 2025, public safety agencies are allocated $910.0 million or 19.9% of the total budget. The remaining 14.5% of the budget supports debt service costs and the general operations of the government.