Fiscal Responsibility

Karl Keith believes government should be fiscally responsible and “live within its means.” He has led efforts to control costs, reduce spending and save taxpayer dollars throughout his career in public service.

The Auditor’s Office current general fund budget was decreased by 10% from the previous year and has been reduced to its lowest level in ten years. Total spending for the office last year was over $745,000 less than the amount expended in 2001. Much of these savings have been achieved through a reduction in staff and holding the line on personnel costs. The Auditor’s Office staff has been reduced by 9% and cost of living increases for staff have been foregone for the past two years.

During difficult economic times, it is more important than ever that local government account for taxpayer dollars accurately and openly. Under Auditor Keith’s leadership, Montgomery County has continued to earn the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers of America, and in 2010 the county was awarded the “Making Your Tax Dollars Count” award from the Auditor of State. These awards recognize Keith’s commitment to full financial disclosure and accurate accounting of taxpayer dollars.

This sound fiscal management led two leading bond rating agencies to uphold the county’s strong credit rating. Maintaining this strong credit rating makes it much cheaper to service the county’s debt and has saved Montgomery County taxpayers about $4.6 million.