A report from the Maryland Department of Legislative Services warns of looming structural deficits over the next four years, a stark change from last January, when DLS projected billions in…
Comptroller Brooke Lierman announced that the State of Maryland closed its books on fiscal 2023 with an unassigned general fund balance of $555 million. According to the Closeout Report, Maryland…
This week, the Board of Revenue Estimates adopted a revised estimate for fiscal 2024 – a minor write-down of $14.1 million – and the first official estimate for fiscal 2025.…
Maryland's Spending Affordability Committee (SAC) this week approved a number of recommendations to help guide state budget decisions in the months ahead, including dipping into the state's reserves to address…
With the 2021 Legislative Session rapidly approaching, MACo is profiling some major issues that stand to gather attention in the General Assembly’s work. Here, we preview the Blueprint for Maryland's…
The Blueprint for Maryland's Future Act will become law, now that both chambers of the General Assembly overrode the governor's veto of the multi-year plan that obliges some $4 billion…
Following the Supreme Court's June decision in the Wayfair case allowing states to collect sales and use taxes on purchases made online, the Comptroller's office swiftly submitted draft emergency regulations…
In August, collective adult-use and medical cannabis purchases reached $91.7 million, more than the $87.4 million total for July -- which was more than double the $42.7 million total for…
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