The General Assembly is now in its final week of the Regular Legislative Session and bills have started moving to their ultimate end. Bills on the road to passage have…
This post summarizes the status of employee benefits and relations bills that MACo supported or opposed this session. State Retirement and Pension System - Board of Trustees: HB390/SB741 would add…
As reported in the Baltimore Post-Examiner, the $37 billion budget passed by the General Assembly this session included a provision to hold back $100 million from the pension fund. The…
As covered in the Maryland Reporter, the outside advisor for the Maryland pension system told its Board of Trustees at their meeting this week that he was “very disappointed” that…
According to the Washington Post, Montgomery County spends roughly half of its $4 billion operating budget on K-12 education. But a County Council staff analysis found that state mandates created by…
Moody's Investor Service, one of the three major ratings agencies evaluating municipal bond issuances from counties and other governments, has announced revisions to its standards for ratings. From coverage in…
As reported in Governing, the Governmental Accountability Office (GAO) recently released a report showing the fiscal challenges that state and local governments will face in coming years as costs increase and…
MACo's initiative to decouple the real and personal property taxes became law when the Governor signed HB1190 into law on May 2, joined by the President of the Senate, Mike…
