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Leggett Talks Fiscal Stewardship, New Initiatives In State of the County

County Executive Isiah Leggett (D) often portrays himself as a fiscal steward, who upon starting his first term in 2007 was met with the the economic recession and the responsibility of reining in county spending.

On Wednesday night, in his first State of the County address in four years, Leggett amplified that point, this time with the prospect of facing his predecessor in a 2014 re-election campaign.

“There were longstanding deficiencies in county finances, years of living beyond our means even during the good times,” Leggett told the audience in the Silver Spring Civic Building. “When I was elected to this office, county spending had increased during each of the previous four years by an average of more than 10 percent, an astounding 42 percent over four years. Simply put, that was not sustainable.”

The man in charge of the county then was former County Executive Doug Duncan (D), who has announced he will run for his old job in 2014.

Leggett has said he is undecided on running for re-election against Duncan, telling us in October he didn’t anticipate running again before reconsidering in November. If he does run, it’s clear what much of his message will be.

“Together, these conditions resulted in a long-term structural deficit in the county’s budget, with multi-billion dollar budget gaps. And the worst deficit was the will to make tough decisions,” Leggett said in his address. “Six years ago, when I assumed the role of captain of this ship, if you looked at the ocean liner “Montgomery County” above the water line, the ship appeared sturdy and strong.

“But, below the waterline, this magnificent ship was leaking,” Leggett said. “The engine was defective and risked running short on fuel. To make matters worse, the ship was about to sail into the troubled waters of a major national recession.”

Leggett said he helped the county close $2.6 billion in budget shortfalls over five years by putting the focus on core services and adopting a philosophy of “shared sacrifice.”

That included higher taxes with somewhat reduced services, county employee furloughs and an almost 10 percent reduction of the county government’s workforce.

Leggett said that approach helped allow the county to keep its AAA Bond rating and see a 3.4 percent increase in jobs over the last three years and a 30 percent increase in the value of the county’s taxable property.

“The numbers that we want to go up are going up and the numbers that we want to go down are going down,” Leggett said. “I call that progress.”

The roughly 45-minute speech included talk about the importance of creating high-tech and high-wage jobs, maintaining the county’s focus on its school system, public safety, senior issues and open government.

He closed by introducing three new initiatives:

1. A “Montgomery County Open For Business” initiative that would work to streamline the development process, which Leggett called, “complicated, fragmented, redundant and very expensive.” He is asking the Department of Permitting Services to organize all agencies and find ways to cut the time it takes for development proposals, specifically citing the transportation and environmental review process.

2. A recommendation to invest more in an adult English language training program, so that every adult in the county who wants to learn english has the opportunity.

“For every dollar we invest in adult English training, it brings us three dollars in higher productivity,” Leggett said.

3. A partnership with MCPS to close the achievement gap, which would include expanding an existing tutoring program for 2,000 struggling middle school students across the county.

Isiah Leggett 2013 State of the County Address

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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