A bipartisan panel of state legislators Wednesday approved spending recommendations that include a request for incoming Republican Gov. Larry Hogan reduce ongoing spending by at least $350 million in his first budget.

Tagged with: Larry Hogan Spending Affordability Committee

Maryland’s revenues fell short of projections by an additional $270 million for the current and fiscal 2016 budget years.

Tagged with: 2015 Maryland General Assembly Board of Revenue Estimates Spending Affordability Committee state budget

Maryland's revenue picture worsened today after a state panel released updated figures.

Tagged with: Spending Affordability Committee state budget

ANNAPOLIS — A Maryland legislative panel on Wednesday recommended that budget spending be capped at 4 percent growth for the next fiscal year. The Spending Affordability Committee meets each December to make spending recommendations on the state’s general fund budget. ...

Tagged with: Annapolis Spending Affordability Committee

Business leaders were asked by the Greater Baltimore Committee at its recent Chesapeake Conference of CEOs to identify key strategic priorities to make Maryland more competitive for economic growth and job creation.

Tagged with: Donald C. Fry General Assembly Greater Baltimore Committee maryland Spending Affordability Committee

ANNAPOLIS — A state debt committee has voted to increase Maryland’s borrowing by $150 million next year to almost $1.1 billion, and the decision has left Comptroller Peter Franchot steaming. “One week we are taking in less money, and the ...

Tagged with: bonds budget capital debt affordability committee Comptroller Peter V. R. Franchot debt maryland PNC Bank Spending Affordability Committee treasurer nancy k. kopp

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 ...

Tagged with: Annapolis fiscal year General Assembly maryland spending Spending Affordability Committee

ANNAPOLIS — A proposal to raise nearly $900 million a year more to spend on Maryland’s transportation needs would fall billions short of goals to pay for three major transit lines and support local projects and other initiatives, state budget ...

Tagged with: Blue Ribbon Commission on Maryland Transportation Funding Department of Legislative Services funding General Assembly legislative maryland proposal revenue Spending Affordability Committee Transportation

ANNAPOLIS — Legislative leaders took a new approach to setting budget targets Tuesday, telling the governor and lawmakers that they wanted to see the persistent $2 billion structural deficit cut by a third next year, meaning a $670 million real ...

Tagged with: Annapolis budget Department of Legislative Services fiscal lawmakers legislative maryland spending Spending Affordability Committee Warren Deschenaux