State Writes Down Revenue Projections By $478 Million
Board of Revenue Estimates approves a $478 million revenue write-down during the current and next fiscal year. In the final meeting for two of its three members, the Maryland Board…
Board of Revenue Estimates approves a $478 million revenue write-down during the current and next fiscal year. In the final meeting for two of its three members, the Maryland Board…
Governor Wes Moore will submit a supplemental budget to fully fund the Disparity Grant Program, which is underfunded by $54 million due to outdated income tax data. At recent MACo…
New income tax data reveals the Disparity Grant Program is underfunded by $54 million. The Disparity Grant Program provides noncategorical State aid to low-wealth jurisdictions. It promotes equity across jurisdictions…
The Carroll County Board of Commissioners voted unanimously to adopt the fiscal 2024 budget, which begins July 1, 2023. The budget focuses on education, public safety, and community investments. The…
The Frederick County Council adopted a $792 million operating budget and a $215 million capital budget for the next fiscal year. The fiscal 2023 operating and capital budgets, proposed by…
Update: The student loan forgiveness application is now available through December 31, 2023. The IRS won't tax student loan relief, but some states might. In August, President Joe Biden announced up to $20,000…
Wisconsin counties will receive a 20 percent cut of state sales tax revenues, boosting funding and giving them a more participatory role in their fiscal health. Wisconsin counties will see…
Maryland again closed the Fiscal Year with a revenue surplus -- this time of $2 billion -- which will in-part boost State funding of school construction and capital projects. At the…