Sign In
Free Newsletter
MD Board of Revenue Estimates OKs modest, stable revenue increase to forecast
The Maryland Board of Revenue Estimates approved a modest increase in year-to-date estimates from those projected in December.
Top Democrat expects MD to have stable budget despite uncertainty in DC
Maryland leaders assess the GOP’s One Big Beautiful Bill Act, eyeing federal funding cuts that could impact Medicaid and state programs.
Hit to MD budget from Trump, Musk workforce dismantling comes into focus
The Trump administration’s dismantling of the federal workforce is expected to cost Maryland $280 million in tax revenue, officials say.
Slight revenue uptick does little to ease MD’s ‘extraordinary’ budget woes
Maryland slightly increased its revenue projections, but the modest writeup doesn’t change the “extraordinary challenge,” the state’s budget secretary said.
MD officials project slight revenue boost, but ‘not a dramatic’ revision
Maryland has increased its revenue projection for the current fiscal year, and officials said they continue to be “cautiously optimistic” about economic growth.
Moore to use surplus to help plug Medicaid, child care budget gaps
Maryland officials plan to use surplus revenue to cover Medicaid and child care budget shortfalls, according to the governor’s office.
MD sees modest $479M surplus in FY24, with higher revenue growth than expected
Maryland emerged from the last fiscal year with about $479 million in uncommitted surplus, the state comptroller said.
Md. officials project $255M revenue write-down amid drop in income tax revenue
Maryland has lowered its two-year revenue projection by $255 million, in large part due to a sharp decrease in withholding income tax revenue.
Declining sales tax revenues adding to Maryland’s projected deficit
Maryland has lowered its projected revenue for next fiscal year as decreased consumer demand drives down sales tax revenue.
Md. revenue projections unchanged since March, but recession risk persists
Maryland’s economic outlook remains at an elevated risk of a recession, according to revenue projections.
Downward revision in state revenues expected today
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.
Improved revenue projections provide ‘small gift’ to Md.
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 […]
