County Breakdown – House and Senate Pension Shift Proposals
As previously reported, the House and Senate have both adopted a shift of teacher pensions as a part of their FY 2013 budget plan. The Senate plan shifts the costs…
As previously reported, the House and Senate have both adopted a shift of teacher pensions as a part of their FY 2013 budget plan. The Senate plan shifts the costs…
In a letter to The Daily Times Wicomico County Council President Joe Holloway expressed how the Governor's proposed teacher pension shift would be an unbearable financial burden to counties. The…
As previously reported, the Senate Budget and Taxation Committee this afternoon voted – unanimously – to shift the costs of the state pension system onto county governments. The proposal would…
One provision of the fast-tracked Maintenance of Effort bill HB 1412 with curious effects is the "escalator" clause, located on page 16 of the bill. The bill seeks to identify…
The House Appropriations Committee met this afternoon to finalize action on its budget plan. Following a lengthy discussion, the Committee voted 16 -9 to shift the costs of the…
As previously reported on Conduit Street, the Governor released his FY 2013 budget last week. This budget proposal shifts $239 million of teacher pension costs to the counties and flat…
The Office of the Comptroller released its detail of the November 2011 distribution of local income taxes. According to the electronic message, “The November distribution totals $1.169 billion, a 31% increase…
The Office of the Comptroller released its detail of the September distribution of local income taxes. According to the electronic message, “The September distribution totals $71.2 million, a 39.7% increase…