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Tag Archives: fiscal year

Md. casino revenue more than estimates for fiscal year

ANNAPOLIS — Maryland’s four casinos exceeded revenue estimates for the recently ended fiscal year by about 14 percent, according to numbers released by the Maryland Lottery on Friday. The casinos generated gross revenue of $608.4 million in fiscal year 2013, ...

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Md. panel recommends raising debt limit $150M

ANNAPOLIS — A Maryland panel on Monday recommended raising the state’s debt limit by $150 million in the next fiscal year. The state’s Capital Debt Affordability Committee voted 4-1 to allow the state to increase it from the current limit ...

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State spending panel to make recommendations

ANNAPOLIS — A panel of Maryland lawmakers is scheduled to make recommendations on state spending for the next fiscal year. The Spending Affordability Committee will meet Thursday evening in Annapolis. The panel has made recommendations to the executive branch since ...

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Rawlings-Blake donates pay raise to youth program

Mayor Stephanie Rawlings-Blake says she will direct her automatic pay raise this year to the city’s Youth Works summer jobs program. The mayor’s office announced Monday that she will donate her 2.5 percent cost-of-living salary increase to the program that ...

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Maryland health report shows increase in drug treatment

A new Maryland health department report shows a large increase in the number of residents who are receiving drug treatment. The Maryland Department of Health and Mental Hygiene sent a report Wednesday to lawmakers on the number of residents receiving ...

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Fetting says Legg still has work to be done (access required)

As part of its continuing restructuring efforts, Legg Mason Inc. said Tuesday that it had laid off 180 people, about 5 percent of its workforce, at the beginning of the month. The staff reduction, part of an effort to save ...

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State pension system investments post strong gains in FY ‘11 (access required)

The cash and investments Maryland uses to pay retirement benefits to its former employees increased to $37.5 billion in fiscal 2011, a $6 billion gain that came during a time of strong growth and recovery in the stock market. The ...

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