Budget Watch1 min read
FY26 Budget Analysis: $7.6 Billion and Counting
2026-02-01·MoCoGap Team
FY26 Budget Analysis
The Montgomery County FY2026 adopted budget is $7.6 billion. Per capita spending is $7,023.
The Fairfax benchmark
Fairfax County's county-controlled budget is roughly $5.1 billion with a per capita of $4,435. The gap is 58%.
Budget growth over the last five years:
- Montgomery County: +32%
- Population growth: +1.9%
MCPS: the largest slice
MCPS accounts for 47.4% of the total budget — $3.6 billion. Administrative overhead stands at 45% compared to Fairfax County Public Schools at 37%. That 8-point gap on a $3.6B budget represents roughly $288 million in potential excess overhead.
Key numbers to watch
| Metric | Montgomery County | Fairfax County |
| FY26 Budget | $7.6B | ~$5.1B |
| Per Capita | $7,023 | $4,435 |
| MCPS/FCPS Overhead | 45% | 37% |
| Income Tax | ~8% combined | 5.75% state only |
| Income Growth Rank | 28th/30 | 25th/30 |
Sources: Montgomery County FY2026 Adopted Budget, Fairfax County FY2026 Adopted Budget, U.S. Census ACS 2024.