County Executive Gardner Announces about $70 Million in 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.”

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For additional information or watch the public information briefing.

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