Read more about the article Revenue Task Force Weighs School Funding Gaps, New Local Options
NACo compared the mix of county-generated revenues in Maryland, North Carolina, Tennessee, and Virginia using 2022 Census finance data.
Revenue Task Force Weighs School Funding Gaps, New Local Options

Maryland’s Task Force to Modernize County and Municipal Revenue Structures focused its October 2 meeting on rising school facility costs and several potential new revenue options for local governments. School construction and maintenance costs dominated the first part of the meeting. IAC outlined nearly $2 billion in annual unmet needs for school maintenance, operations, and capital renewal, along with a separate $1.3 billion gap in State school construction funding over the past two decades. The…

Comments Off on Revenue Task Force Weighs School Funding Gaps, New Local Options
Governor Launches New Permitting Team, Housing Initiatives

Governor Wes Moore signed two executive orders that could affect how counties handle permitting, development review, and housing production, including a new State-local permitting effort that will begin with Baltimore City, Montgomery County, Wicomico County, and the Town of Thurmont. The Permitting and Licensing Acceleration Team, or PLAT, will review State permitting, licensing, and certification processes and work with local governments on ways to reduce delays. The first round of work will focus on building…

Comments Off on Governor Launches New Permitting Team, Housing Initiatives
Federal Uncertainty Lingers Over 2026 Emergency Management Grants

Maryland’s fiscal 2026 homeland security and emergency management grants are moving forward, but questions remain over the federal terms and conditions attached to the funding. FEMA has released the fiscal 2026 Emergency Management Performance Grant and Homeland Security Grant Program award packages. MDEM must accept the EMPG award by November 9, and the HSGP award by November 24, and the Office of the Attorney General is reviewing the terms and conditions for both programs. EMPG…

Comments Off on Federal Uncertainty Lingers Over 2026 Emergency Management Grants
This Week: Local Revenue Task Force Reconvenes

Maryland’s Task Force to Modernize County and Municipal Revenue Structures will meet again on Friday, October 2, as members continue weighing new local revenue options and prepare recommendations ahead of the 2027 legislative session. The virtual meeting begins at 1:00 pm, and will stream live on the Maryland General Assembly website. The agenda includes presentations on school construction, county revenue structures nationwide, several potential local revenue options, and current local tax rates. The Interagency Commission…

Comments Off on This Week: Local Revenue Task Force Reconvenes
Maryland Community Colleges Take Top National Ranking

Maryland earned the top spot in WalletHub’s 2026 ranking of community college systems, with five Maryland community colleges placing among the top 30 nationwide. The ranking marks the fourth consecutive year Maryland has taken the number one spot. WalletHub ranked Maryland ahead of New Mexico, South Dakota, North Dakota, and Oregon after reviewing community colleges nationwide. The analysis draws from WalletHub’s 2026 assessment of 613 institutions and weighs cost and financing, education outcomes, and career…

Comments Off on Maryland Community Colleges Take Top National Ranking
State Revenue Forecast Ticks Up Despite Weak Growth

Maryland’s latest revenue forecast adds $319.9 million to expected fiscal 2027 revenues, but underlying General Fund revenues are still projected to decline 0.9% as the State faces slow growth, federal employment losses, elevated inflation, and other economic risks. The Maryland Board of Revenue Estimates (BRE) released its September update this week, raising the fiscal 2027 revenue forecast to $27.44 billion. BRE also issued its first fiscal 2028 forecast of $28.35 billion, representing 3.3% growth in…

Comments Off on State Revenue Forecast Ticks Up Despite Weak Growth
FEMA Lifts Holds on 2025 Homeland Security Grants, MDEM Review Continues

FEMA has removed federal programmatic and financial holds affecting portions of Maryland’s federal fiscal 2025 Homeland Security Grant Program, allowing the Maryland Department of Emergency Management to move forward with subawards and final project reviews. The change applies to National Priority Area and Law Enforcement Terrorism Prevention Activities funding under the FFY25 program. MDEM will now review each subrecipient’s complete project portfolio before determining which projects can move forward with reimbursement assurances. As previously reported…

Comments Off on FEMA Lifts Holds on 2025 Homeland Security Grants, MDEM Review Continues
Governor Moore Signs Executive Order Establishing Data Center Review Framework

Governor Wes Moore signed an executive order establishing a new State review process for large data center projects, with local approvals, ratepayer protections, infrastructure impacts, and community engagement built into the framework. The order applies to data centers that require at least 25 megawatts of power at peak, including expansions that add 25 megawatts, as well as projects that qualify as large load customers under State law. It takes effect when a covered project seeks…

Comments Off on Governor Moore Signs Executive Order Establishing Data Center Review Framework
Fed Raises Interest Rates for First Time Since 2023

The Federal Reserve raised interest rates by a quarter percentage point this week, its first rate hike in more than three years, as policymakers respond to persistent inflation. The Federal Open Market Committee voted unanimously to raise the federal funds rate to a target range of 3.75% to 4%. The Fed had held rates at 3.5% to 3.75% since December 2025. The move follows several months of renewed inflation pressure. Consumer prices rose 3.4% in…

Comments Off on Fed Raises Interest Rates for First Time Since 2023
Fitch Affirms Calvert’s AAA Rating, Assigns Top Rating to New Bonds

Fitch Ratings has again affirmed Calvert County’s AAA credit rating with a stable outlook and assigned the same top rating to nearly $76 million in new general obligation bonds. Fitch assigned a AAA rating to $75.955 million in Consolidated Public Improvement Bonds, which Calvert County plans to sell competitively on or around September 29. The County will use the proceeds to finance public improvements. The agency also affirmed Calvert County’s Issuer Default Rating and outstanding…

Comments Off on Fitch Affirms Calvert’s AAA Rating, Assigns Top Rating to New Bonds