Fitch Ratings yesterday assigned an AA+ rating to Washington County’s 2020 series of general obligation bonds, deeming its fiscal outlook as stable. The AA+ rating keeps borrowing costs low for…
U.S. Senate Republicans today unveiled the HEALS (Help, Economic Assistance, Liability Protection, and Schools) Act, a $1 trillion COVID-19 relief bill that includes reforming bolstered unemployment benefits, providing support to…
Governor Larry Hogan today previewed his fiscal 2022 spending plan, which he said provides immediate tax and economic relief to families and businesses in need, makes record investments in top…
Maryland State Treasurer Nancy K. Kopp announced this week that the three major bond rating agencies have reaffirmed the State’s AAA bond rating, the longest continuous Triple-AAA bond rating for…
There is a continuing public discourse regarding Maryland's public pension system. About half of Maryland's counties participate in Maryland's public pension system, meaning county employers are members of the System…
The United States Senate failed Thursday to advance a targeted COVID-19 relief package, dampening the prospects that Congress will pass another round of much-needed financial relief to mitigate the economic…
An overview of MACo’s advocacy on pensions issues in the 2019 General Assembly. Half of Maryland's counties participate in the State's pension system, and the other half support their employees…
A policy analyst at the Reason Foundation describes how longevity in the public workforce, if not factored into cost predictions, can create difficulties for local government pension plans. A recent…
