Appropriations Committee Discusses Budget Balancing Reductions

The House Appropriations Committee was briefed by the Department of Legislative Services (DLS) on potential reductions to address a revenue shortfall of $200 million to $350 million they are expecting to be announced next week. From MarylandReporter, The House Appropriations Committee is supposed to finish its work on the Hogan administration’s $46.6 billion budget March 8. [...]

Appropriations Committee Discusses Budget Balancing Reductions2020-04-02T20:58:13-04:00

Spending Affordability – Eliminate Structural Deficit, Maintain Flexibility

The Spending Affordability Committee (SAC), composed of members of the General Assembly and two public members, recently recommended that the fiscal 2019 budget as introduced by the Governor and approved by the General Assembly eliminate the structural deficit by 100%. The structural deficit is estimated to be $298 million for the fiscal year beginning July 1, [...]

Spending Affordability – Eliminate Structural Deficit, Maintain Flexibility2020-04-02T21:05:25-04:00
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