Maryland's budget is about to get a little tighter.

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ANNAPOLIS — The Maryland General Assembly passed the state’s $42 billion budget on Tuesday following negotiations that went more smoothly than in past years — thanks in large measure to a surplus of more than $400 million. The Senate voted ...

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While the amount is comparatively small in a $17 billion budget, some of the underlying economic indicators within the state could be something to watch.

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A requested Increase for a special business fund give hints to a future aerospace or defense research announcement.

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ANNAPOLIS — Gov. Larry Hogan Thursday vowed to introduce tax cuts as part of his legislative agenda and budget package for this year. Hogan made the promise in a briefing with reporters in which he provided broad strokes that included ...

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More state job eliminations could be coming as departments look to reduce spending as part of a mandate by Gov. Larry Hogan. Hogan and the Board of Public Works last week delayed action on the elimination of 63 human resources ...

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ANNAPOLIS — Maryland residents and businesses won't see an increase in the state property tax in the coming year, even as state officials note that growing payments on bonds could necessitate one in the future. The Board of Public Works voted 2-0 to keep the state tax on real property at 11.2 cents per $100 of assessed value and 28 cents per $100 for property owned by public utilities. Board members Gov. Larry Hogan and Comptroller Peter Franchot were not in attendance; Assistant Comptroller Jerome Kalsmeier and state Treasurer Nancy Kopp cast the two votes. State property taxes are used to pay off state bonds issued for capital projects such as buildings and roads.

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The appointment of the former state senator could rankle members of Hogan's own party.

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The changes, including a 2 percent across the board budget cut, were unanimously approved at what was Gov. Martin J. O'Malley's final time chairing the three-member panel.

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The reductions, which were not detailed, will be O'Malley's last chance to erase a projected budget shortfall of about $400 million in the current year

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