Maryland is expecting to receive about $3.7 billion in federal pandemic relief “within the next week or so,” a state budget official said Thursday during the first meeting of a state workgroup on pandemic-related spending.Read More »
ANNAPOLIS — The Board of Public Works approved a modified plan to reduce the current budget. The three-member panel unanimously approved nearly $63 million of $79.9 million in planned cuts, roughly $7 million less than proposed by Gov. Larry Hogan nearly ...Read More »
ANNAPOLIS — The Maryland House of Delegates has passed the state’s $43.5 billion budget. The House voted 135-6 for the measure Thursday. The bill now goes to the Senate. The House also voted 112-29 for a companion bill that is ...Read More »
ANNAPOLIS — State government would borrow less than $1 billion under a proposal recommended Wednesday by a state fiscal committee. The five-member Capital Debt Affordability Committee voted 4-1 to approve a recommendation to hold the amount of new state debt that would ...
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ANNAPOLIS — State officials said Wednesday afternoon that Maryland’s revenue picture will be bleaker than expected. The Board of Revenue Estimates announced state revenues projections will be as much as $365 million lower than earlier forecasts for the fiscal year that started in ...Read More »
ANNAPOLIS — Maryland’s overall revenue picture is improving in the short term, but some state fiscal leaders urged spending restraint and cautioned against taking a victory lap in what is an otherwise slow economic recovery. The state’s Board of Revenue ...Read More »