2019 State and Local Fiscal Facts
In the past few years, financial conditions for state and local governments have stabilized, but progress has been limited. While challenges remain, officials have been taking steps to replenish rainy…
In the past few years, financial conditions for state and local governments have stabilized, but progress has been limited. While challenges remain, officials have been taking steps to replenish rainy…
A report by the Center for State and Local Government Excellence shows the best-funded state pension plans are receiving better ongoing commitments than the lesser-funded ones. Maryland rated in the…
The Maryland General Assembly Senate and House pre-filed bill lists are now available on the General Assembly website. Although the list of pre-file bills are available, there is no bill…
On Thursday, Robin Clark Eilenberg submitted written testimony in opposition to SB 503/HB 1133 Military Service Credit - Eligibility. This bill would allow members of the State’s Law Enforcement Officers’…
A panel of state and local fiscal leaders discussed several factors pointing to turbulent times ahead for county government budgets. A storm is brewing. Rising costs, revenue write-downs, unfunded mandates,…
The Pew Charitable Trusts have released a report recommending public pensions conduct tests to anticipate their viability during market downturns on a regular basis. The Pew Charitable Trusts analyzed 10…
The Kirwan Commission's Formula Funding Workgroup continued its work, seemingly deciding to leave the current "wealth formula" intact as they continue unraveling components of current and potential school funding. The…
The State Pension System's fiscal year 2018 returns were higher than the assumed rate of return, and its overall funding ratio continues to improve. The Maryland State Pension System has…