Tag: federal stimulus
Sen. McCray: If Congress does not pass the stimulus Maryland could be forced to make budget cuts
@BryanRenbaum If Congress cannot come to an agreement on the $1 trillion coronavirus stimulus...
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Md. Chamber of Commerce CEO: Stimulus bill is ‘critical’ to small businesses
The House is expected to approve the legislation later this afternoon.
Read MoreState tech agency lacked controls over $158M federally funded broadband project, audit finds
The Department of Information Technology did not maintain adequate internal controls in managing a $158 million project to upgrade and expand Maryland’s high-speed fiber optics infrastructure that was funded predominantly by federal stimulus dollars, state auditors found.
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Federal grants will require more transparency and accountability, OMB official says
State agencies and Maryland nonprofits receiving federal grants will face even more requirements for transparency and accountability under a new board created by President Obama, the controller of the Office of Management and Budget told a grants conference in College Park Monday.
Read More$1.6 billion budget gap predicted
With a slow economic recovery, increases in retirement costs and the end of federal stimulus funds, Maryland is facing a $1.6 billion budget gap and a $2.1 billion structural gap for fiscal year 2012, analysts from the Department of Legislative Services told a joint General Assembly hearing on Wednesday.
Warren Deschenaux, director of policy analysis for the DLS, said that the $2.1 billion gap is not guaranteed: It could get smaller depending on factors such as the new revenue projections due next month or revenue growth rates, which are exceeding expectations in the first four months of fiscal 2011.
Read MoreReport: State should spend faster on efficiency
The state has been too slow in spending federal stimulus dollars put aside for weatherization, potentially hindering plans to make thousands of homes more energy efficient, according to a liberal-leaning state watchdog group.
But officials say they’ve been slowed by the strict guidelines of the American Recovery and Reinvestment Act. They believe the state is still on course to meet its goal of weatherizing 6,800 homes within three years.
Read MoreUMd medical school gets $5 million in stimulus funds for rural research
The University of Maryland School of Medicine announced Monday that it is getting nearly $5 million in federal stimulus money to increase the reach of its medical research into rural and minority communities.
The money will also be used to institute a program in Western Maryland and Southern Maryland that will look into the effectiveness of remote monitoring for patients with chronic conditions. An announcement is was held in Charles County.
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