WASHINGTON – Montgomery County is set to lose millions of dollars in revenue once the clock runs out next year on a tax on utilities that has enraged local businesses and homeowners.

County Executive Isiah “Ike” Leggett says the county will lose up to $113 million in revenue once the Montgomery County energy tax expires at the end of the 2012 fiscal year in June.

However, if the county receives meager aid from the state, Leggett and the council could opt to keep the energy tax in place, and indications are that they will.

Leggett’s current budget figures assume no raises for workers. He has told agency heads to give him budgets that include cost cuts by 1 or 2 percent.

Energy bills surged as a product of the tax, drawing criticism from homeowners and local businesspeople.

WTOP’s Kate Ryan contributed to this report. Follow Kate Ryan and WTOP on Twitter.

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