Governor Hogan presented his FY 2017 budget on Wednesday, marking the official start of a session-long process to define the state’s spending priorities.
From Baltimore Sun coverage:
Maryland Republican Gov. Larry Hogan unveiled a $42.3 billion spending plan Wednesday, promising an array of small tax cuts and putting a large amount of money into savings, setting the stage for months of debate on what to do with the state’s budget surplus.
The proposal would deliver $36 million in fee and tax reductions, partly by speeding up tax breaks already approved by the legislature and partly by creating new breaks for retirees and small businesses.
Tuition at public institutions would go up by 2 percent under the governor’s budget proposal. Every mandate for funding K-12 education would get paid, giving every school district in the state more money per pupil than last year. State employees would get as much as 4 percent in raises, though a few workers would lose their jobs.
Documents detailing the budget plan are available on the Department of Budget and Management website.
A MACo analysis of issues affecting county governments and budgets is in development and will be posted in the days ahead.
See our Conduit Street coverage of local transportation funding: Hogan Budget: $53m in New Local Transportation “Capital Grants”