Maryland counties unexpectedly awash with extra cash in May will see their finances come back down to earth this month as the state fixes a flubbed formula used to disburse income tax revenue to local jurisdictions. The mistake in the ...

Tagged with: budget counties Economy Harford County Executive David R. Craig income tax maryland Montgomery County revenue State Department of Assessments and Taxation Taxes treasury

Maryland’s tax revenues are expected to exceed projections at the end of the fiscal year, but the figures heading into next year are not quite so rosy, according to state Comptroller Peter Franchot. Through April, general fund revenues were $10.2 ...

Tagged with: comptroller Comptroller Peter V. R. Franchot income tax Martin O'Malley maryland revenue sales tax