As reported in Governing, a Detroit bankruptcy judge has sided with the city in ruling that pensions could be subject to cuts under Chapter 9 bankruptcy protection. As described: Rhodes, who spent…
Lt. Governor Anthony Brown addressed MACo’s Legislative Committee on Wednesday, March 5 to discuss issues of importance pending before the Maryland General Assembly. Lt. Governor Brown began by thanking our…
The Board of Revenue Estimates (BRE), composed of Comptroller Peter Franchot, State Treasurer Nancy Kopp, and Secretary of Budget and Management T. Eloise Foster, announced yesterday that revenue estimates for…
In an article originally posted on Conduit Street on Thursday, March 6, MACo posted a summary of Lieutenant Governor Anthony Brown's visit to the MACo offices and Legislative Committee. In…
The Senate Budget and Taxation Committee, in its full committee budget decisions on Friday, March 7, approved a one-time $10 million grant to counties for pothole repairs. In introducing the…
The MACo staff gave testimony this week on the following bills: March 10, 2014: HB1201: State and Local Retirement and Pension Systems - Assignment of Benefits to Trust for Disabled…
The Maryland Senate passed a $39 billion budget plan today closing a larger than expected budget gap resulting from declining state revenues and leaving an approximate $100 million fund balance…
On March 18, Calvert County staff presented the FY 2015 recommended budget to the County Commissioners. The $239.9 million General Fund budget reflects a deficit of $7.4 million, noting that…
