Spending Committee Raises State Debt Cap Above Recommendation
The Spending Affordability Committee has authorized a limit of $1,075 million in for new state capital debt in fiscal year 2019. This amount is $80 million more than the Capital…
NACo Releases Analysis of Potential County Impacts of the President’s FY 2018 Budget Request
On May 23, President Trump released his Fiscal Year (FY) 2018 Budget Request, laying out a $4.1 trillion spending proposal for FY 2018 and the following decade. The budget expands…
Conduit Street Podcast: Local Roads Funding “Deal,” BRFA Hearings, Unpacking the Big School Construction Bill, & School Safety
On the latest episode of the Conduit Street Podcast, Kevin Kinnally and Michael Sanderson discuss a potential "deal" on local roads funding, explain MACo's position on the Budget Reconciliation and Financing Act…
Committee Keeps Debt Recommendation Below Traditional Guideposts
The State’s Capital Debt Affordability Committee (CDAC) chaired by State Treasurer Nancy Kopp, approved a recommendation during its meeting on September 29th to set the State’s bond authorization at $995 million for the coming…
Prince George’s Council Approves “Prudent” Budget
The Prince George's County Council passed a $3.8 million budget last Thursday, an increase of $130.7 million or 3.5% over the FY 2017 Budget, reflecting the county's rebounding economy. It…
DLS Briefs Budget Committees On Budget Big Picture
The budget committees of the General Assembly received their annual fiscal briefing from the Department of Legislative Services (DLS) on January 23, 2017. This briefing provides a comprehensive overview of the…
Anne Arundel Reduces Taxes, Invests More in Education & Public Safety
The Anne Arundel County Council recently approved the FY 2017 budget which includes reducing taxes and fees while investing more in education and strengthening public safety. According to Anne Arundel…
Prince George’s County Council Approves $34 Million Additional Education Funding in Budget by 6-3 Vote
The Prince George's County Council voted today on its FY 2016 budget. As reported in the Washington Post earlier this week, County Executive Rushern Baker sought $65 million in additional school funding through a proposed…
