House leaders warn of future cuts to education without increased taxes that their Senate counterparts and Gov. Wes Moore have so far rejected.
Some insist that lawmakers are currying favor with special interest donors. Push for tax bill comes as state leaders prepare to announce that revenue projections are down.
Billions in collective operating and transportation budget deficits raise concerns about cuts, taxes.
Projections include continued declines in sales tax collections and structural budget deficits that increase at a faster rate than projected in September.
The recommendation by the Capital Debt Affordability Committee comes as fiscal leaders grapple with projected structural deficits and aging government and school facilities.
Budget forecast remains largely unchanged from March but inflation or a federal government shutdown could have a negative effect, officials warn.
Democrats intend to override Republican Gov. Lawrence J. Hogan Jr.’s veto of a 10-year multibillion-dollar education reform effort, but it may not happen until…
An alternative financial forecast requested by the state’s top fiscal leaders shows that sustained job losses could drive state revenues down by $1.5 billion…
A government geek who hoped to flip open her laptop and watch the Maryland State Ethics Commission in action on Thursday was in for…
Maryland’s top fiscal leaders urged restraint in state spending on Thursday as the state faces an increasing number of COVID-19 cases. The Board of…