Browsing the "Budget" Category

Rascovar: Md.’s easy budget fix

December 14th, 2014 | by Len Lazarick

Maryland governments are awash in budget deficits. Yet it need not be quite so bad, if Maryland were to change its budget cycle.

Analysis: Hogan facing tough decisions on spending, taxes

December 11th, 2014 | by Len Lazarick

Gov.-elect Larry Hogan and his top fiscal advisor, Bobby Neall, are scheduled to meet with reporters Thursday afternoon, "outlining the status of the state’s current fiscal crisis," says a press release from the transition. What are some of the ways Hogan could begin implementing some of his promises without sending Democrats in the legislature to the barricades

New legislators get wintery budget forecast

December 4th, 2014 | by Len Lazarick

Most newbies in the legislature got a two-day orientation to their new jobs this week, covering topics from ethics and State House security to payroll and office expenses. But after the elation of their election victories, most of 57 newly elected delegates and 11 new senators got a sobering bucket of budget ice water thrown on them from the legislature's chief fiscal analysts

Rascovar: Hogan faces fiscal Maryland’s new normal

November 16th, 2014 | by Barry Rascovar

The outlook for the Maryland state government Larry Hogan Jr. starts running in January is grim: A sea of red ink far into the future. Forget about major tax cuts or other campaign promises. That was a hope more than a firm commitment, and Hogan said as much to voters. His first priority then and now: getting Maryland’s financial house in order

Budget realities challenge Hogan promises on spending, taxes

November 13th, 2014 | by Len Lazarick

The uphill climb Gov.-elect Larry Hogan faces to fulfill his campaign promises and reduce state spending and taxes was starkly illustrated in a legislative hearing on spending Wednesday. Facing dozens of lawmakers, including some who lost election bids, the Maryland General Assembly's top fiscal expert produced a graph showing the next six years of projected state spending and revenues. In every year, including this one, the line for spending goes up and up, and the line for revenues rises too, but never matches expenses.

$1.5B in lottery sales – where it goes

August 4th, 2014 | by Len Lazarick

Players spend more than $1.5 billion a year on Maryland lottery tickets and get about $1 billion back in winnings -- on average, a 50-cent return for every dollar they spend. Here’s where the money they lose goes:

Rascovar column: Election politics trumped budget realities

July 6th, 2014 | by Len Lazarick

The $77 million in budget cuts approved last week by the Maryland Board of Public Works mark the first recognition there's a price to be paid for placing election-year politics ahead of fiscal realities. It won't be the last spending pullback, either. Maryland has a serious, ongoing imbalance between its high spending habits and its lower than expected revenue receipts. Everyone knew this was coming

Budget bill signed by O’Malley contained unconstitutional provisions, Gansler says

May 22nd, 2014 | by Len Lazarick

The key budget-balancing bill signed by Gov. Martin O'Malley last Thursday contained several unconstitutional provisions, including language exempting Carroll and Frederick counties from aspects of the rain tax. That's what Attorney General Doug Gansler told O'Malley in a letter the day before he signed the Budget Reconciliation and Financing Act of 2014.

Overtime pay for state employees rises; some double their salaries

May 15th, 2014 | by Margaret Sessa-Hawkins

Although the number of overtime payments to state employees made in 2013 remained roughly the same as those made in 2012, the sum of those payments rose by more than $8 million. In 2012, the total amount of overtime paid out to all state employees totaled $126,719,585. Over 2013 the total payments rose to $135,050,262 -- over $8 million more. Roughly one-third of this increase is due to an across-the-board living allowance raise which occurred in January of

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