Tag: budget
How Marylanders might fare under the new state budget
To the relief of most state officials, the Maryland General Assembly ended its tense budget cycle this week and passed a balanced spending plan for the coming year.
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It’s a tough year, but Maryland lawmakers are moving toward a budget plan
Both chambers of the Maryland General Assembly have passed their versions of a new state budget for the next fiscal year, setting the stage for a potential agreement in the coming days.
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Maryland spent big on youth mental health — but then the budget crisis hit
Catholic Charities of Baltimore won state grants to fight chronic absenteeism in three Maryland public school districts by connecting troubled students with the mental health services they need.
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Gov. Moore’s proposed budget features tax reform and massive cuts
Moore said the brunt of the tax increases will be shouldered by Marylanders with a household income north of $700,000 a year. In 2023, more than 18% of Maryland households were estimated to earn $200,000 or more a year, according to data from the U.S. Census Bureau.
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Gov. Moore forecasts huge cuts to the state budget this spring
The legislative session opened Wednesday with pomp and circumstance, with Moore addressing both chambers and members publicly praising their parties’ leaders. Ferguson and House Speaker Adrienne Jones were reinstalled as Senate majority leader and House speaker, to shouts and applause from their supporters.
Read MoreContracted Out: An unprecedented look at Maryland public school spending
Billions of local, state, and federal tax dollars go to funding Maryland’s public schools every year — and now, it will be easier for you to find out how your local school district spent that money.
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Moore budget release begins new governor’s focus on equity
Gov. Wes Moore highlighted significant investments in education, transportation, economic development, public safety and health in releasing his administration’s first budget on Friday.
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Marylanders say they are feeling the pinch of inflation
By BRITTANY N. GADDY Capital News Service WASHINGTON — Some Marylanders say they are changing...
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New Senate budget chair Guzzone forecasts a phase-in for school reforms, spending
The new chairman of the Senate Budget and Taxation Committee, Howard County’s Guy Guzzone, sees a way forward by phasing in the recommendations without tax hikes – at least for the moment. “If you’re going to spend all this money, you want to see results,” Guzzone said in an interview. “What I believe by now at this point is that we have the resources right now to get this going. We have the resources to see improvements along the way.” “And we’re going to keep checking. And every time we check and realize that we’re succeeding and we’re reaching the next level of success, we can say, OK, let’s figure out how to fund that next level. I think that’s the right way to think about it.”
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Keeping the doors open for behavioral health will help the vulnerable
Years of stagnant or reduced behavioral health budgets have jeopardized critical access to mental health and substance use disorder treatment. Without action, we fear that community health providers may close up shop, and Marylanders who urgently need behavioral health care will instead find closed doors or dead ends. Commentary by Sen. Guy Guzzone and Del. Antonio Hayes.
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Don’t misinterpret Mercatus low ranking of Maryland’s fiscal health
In a piece published last week by MarylandReporter.com, Randolph May of the Free State Foundation touted a recent Mercatus Center study that ranked Maryland only 37th best among the 50 states for its fiscal health. It’s important to understand whether this ranking makes sense, particularly when it is so low compared to the state’s AAA bond rating. Maryland is one of 10 states that now have that highest rating from all three major bond rating agencies.
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