Baltimore County Establishes Blue Ribbon Panel for Procurement Reform
County News / Finance and Procurement / News You Can Use
Baltimore County Establishes Blue Ribbon Panel for Procurement Reform

Baltimore County Executive Johnny Olszewski today announced a blue ribbon panel for procurement reform. Tasked with evaluating the County’s existing procurement, purchasing, and contracting policies, the Commission will make recommendations for making processes more efficient and effective. “Baltimore County has a responsibility to provide residents, businesses, and visitors with high-quality services, and reforming our procurement processes will ensure efficient and ethical management of County resources,” Olszewski said. “I’m grateful to the members of this Commission…

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November 25, 2020
Fitch Affirms Carroll’s AAA Bond Rating
County Budgets / County News / Finance and Procurement / News You Can Use / Taxes and Revenues
Fitch Affirms Carroll’s AAA Bond Rating

Fitch Ratings this week assigned AAA ratings to the following Carroll County general obligation (GO) bonds: $29.4 million consolidated public improvement and refunding bonds of 2020 (Series A) $25.3 million taxable refunding bonds of 2020(Series B) The GO bonds are backed by the County’s full faith and credit pledge and its unlimited taxing power, for which the County is empowered and directed to levy unlimited ad valorem taxes. The Rating Outlook is Stable. In addition,…

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November 13, 2020
Pandemic Prompts Howard’s Spending Affordability Committee to Convene Ahead of Schedule
Coronavirus / County Budgets / County News / Finance and Procurement / News You Can Use / Taxes and Revenues
Pandemic Prompts Howard’s Spending Affordability Committee to Convene Ahead of Schedule

County Executive Calvin Ball today announced that Howard County's Spending Affordability Advisory Committee (SAAC) for FY 22) will convene earlier than usual to allow more time for the committee to digest, discuss, and offer constructive advice to the County amidst the COVID-19 pandemic. The SAAC is a non-partisan body charged with providing policy advice to the County Executive on fiscal planning. The committee -- which is made up of several residents representing different disciplines and…

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November 9, 2020
County Ballot Questions: Here’s What We Know
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County Ballot Questions: Here’s What We Know

Across Maryland, voters considered a number of ballot questions concerning county governance and structure. Here, Conduit Street provides the latest results for each county-specific ballot question. Allegany, Calvert, Caroline, Carroll, Charles, Dorchester, Garrett, Harford, Kent, Queen Anne's, St. Mary's, Somerset, Washington, Wicomico, and Worcester Counties did not present voters with any county-specific ballot questions. Vote totals and percentages in this article are based on unofficial results of the Maryland State Board of Elections as of Thursday, November 5,…

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November 4, 2020
County News / Finance and Procurement / News You Can Use
Howard Office of Purchasing to Be Renamed, Receives Achievement in Excellence Award

Howard County Executive Calvin Ball today pre-filed legislation to rename the Office of Purchasing to Office of Procurement and Contract Administration. The new name is more modern and accurate and reflects the procurement leadership set forth by the office. For the 12th consecutive year, the Howard County Office of Purchasing was recognized by the National Procurement Institute with their coveted Achievement of Excellence in Procurement (AEP) award for 2020. Howard County was one of only…

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October 27, 2020
Howard Procurement Receives National Recognition
County News / Finance and Procurement
Howard Procurement Receives National Recognition

The Howard County Office of Purchasing has been recognized by the National Procurement Institute with the Achievement of Excellence in Procurement (AEP) award for 2020. AEP awards are given to public and non-profit agencies that exhibit innovation, professionalism, productivity, e-procurement, and leadership in their work. Howard's procurement outfit was one of only 40 recipients this year. The Office of Purchasing has placed a strong emphasis on securing local vendors, nearly doubling the amount of registered…

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October 26, 2020
Calvert Earns Three AAA Bond Ratings
County Budgets / County News / Finance and Procurement / News You Can Use
Calvert Earns Three AAA Bond Ratings

The Calvert County Board of County Commissioners yesterday announced that -- for the fifth consecutive assessment -- the County received AAA credit ratings from three major bond rating agencies. Fitch Ratings, Moody’s Investors Services, and S&P Global Ratings each assigned their highest ratings due to the County’s strong economy, robust revenues, and sound financial management. “It takes hard work and planning to achieve this rating,” said County Administrator Mark Willis. “Our fiscal health comes through…

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October 23, 2020
Carroll Approves Additional Funds for COVID-19 Relief
Business Affairs / Coronavirus / County Budgets / Finance and Procurement / NACo and Federal Issues / News You Can Use
Carroll Approves Additional Funds for COVID-19 Relief

The Carroll County Board of Commissioners today approved additional funding for community partners providing relief to residents amidst the COVID-19 pandemic. The commissioners also tentatively approved funds to establish a new small business assistance initiative to support businesses suffering amid the pandemic and help prepare for sales during holiday months. Funding comes from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and is currently unspent from the Carroll County Coronavirus Relief Fund Plan…

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October 22, 2020
Harford Earns Clean Audit, Ends FY 2020 with $27M Surplus
Coronavirus / County Budgets / County News / Finance and Procurement / News You Can Use
Harford Earns Clean Audit, Ends FY 2020 with $27M Surplus

Harford County ended FY 2020 with a clean opinion from external auditors and a $27.2 million surplus that will help offset lost revenue and added expenses from the COVID-19 pandemic. Technically known as the Unassigned General Fund Balance, the $27.2 million surplus for the year ended on June 30, 2020, is an increase of $7 million over the prior fiscal year. “We ended FY 2020 in a strong position thanks to conservative budgeting since the…

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October 20, 2020
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