Since its inception, the Montgomery County Action Council (MCAC) has
collaborated with a multitude of individuals and organizations on the
Federal, State and local levels for the betterment of Montgomery County's
businesses and citizens. These "partnerships", with governmental,
educational, medical, and the business community, are an essential element
in our County's and region's mutual success.
The financial contributions entrusted to MCAC, combined with volunteer and
staff efforts, have helped facilitate a number of significant investments
that have broadened and diversified the scope of the area economy.
Since 1994, MCAC has facilitated efforts that have resulted in over $250
million in investment and created in excess of 5,600 new jobs with a 2008
payroll estimated at $78 million.
During the same time period, these efforts have contributed to over $1.2
billion in economic activity in Montgomery County with an economic net
benefit to our taxing entities of just under $215 million. This
equates to a return-on-investment of $21.35 generated for each taxpayer
dollar invested in MCAC by Montgomery County.
The dollar figures do not tell the entire story. Much of MCAC's
efforts are undertaken "behind the scenes". Although not visible and
easily recognized, these efforts are crucial to the viability of our
businesses and their employees.
It is important to acknowledge that MCAC is a partner with a number of other
quality organizations, agencies and municipalities and that through a strong
and positive working relationship with them, we are successful.