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Gaithersburg council approves $72.5 million budget for fiscal 2023

Gaithersburg council approves $72.5 million budget for fiscal 2023
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Novavax CEO says Gaithersburg campus could have 800 employees by year's end


Novavax CEO says Gaithersburg campus could have 800 employees by year’s end
Governor visited business on Thursday
By Dan Schere |
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Novavax CEO Stanley Erck, left, talks with Gov. Larry Hogan on Thursday at the new Novavax headquarters in Gaithersburg.
Photo by Elia Griffin
The CEO of Novavax said Thursday that up to 800 people could be working in the company’s new global headquarters on Quince Orchard Road by the end of the year.
CEO Stanley Erck talked about the business during a question-and-answer session with reporters on Thursday following a visit by Gov. Larry Hogan to the site. ....

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Gaithersburg trims proposed budget because of pandemic uncertainty


Gaithersburg trims proposed budget because of pandemic uncertainty
City faces $8M deficit; manager hopes federal stimulus money will help fill gap
By Dan Schere |
April 20, 2021 | 2:57 pm
Gaithersburg has trimmed its proposed Fiscal Year 2022 budget about 4% because of declining revenue during the COVID-19 pandemic.
Things could change during the fiscal year, however, depending on how quickly activities in the city resume, and when federal American Rescue Plan money is distributed, according to the city manager.
The city introduced its original budget for $73.2 million last month for the upcoming fiscal year, which runs from July 1 through June 30, 2022. City Manager Tanisha Briley said at the time that she expected the budget would be amended before the budget is adopted in June. ....

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