The Board of Revenue Estimates will meet virtually on Friday afternoon to vote on the revised general fund revenue estimates for fiscal years 2021 and 2022.
The forecasts for the current fiscal year and the one that begins in July 2021 will provide budget writers and policymakers with the latest revenue projections and economic trends largely driven by the COVID-19 pandemic.
The three-member panel, which includes Comptroller Peter Franchot, State Treasurer Nancy Kopp, and Secretary of Budget and Management David Brinkley, is responsible for estimating state revenues to assist with managing the State’s budget.
The briefing will begin at 1:00 pm and can be viewed on the Comptroller of Maryland Facebook page (https://www.facebook.com/ComptrollerofMaryland).
Stay tuned to Conduit Street for more information.