Because of lower-than-expected income tax revenues, the Board of Revenue Estimates lowered Maryland’s projected revenues for the coming year by $80 million, and Comptroller Peter Franchot warned against any policies that would impact individual taxpayers.
Read MoreSplitting the local contribution of teacher pension and Social Security costs between state and county governments, as proposed by Gov. Martin O’Malley, would devastate county budgets, county officials told members of the Senate Budget Committee on Wednesday.
Read MoreA complex and contentious $2.4 billion contract for state employees’ prescription drugs was awarded to St. Louis-based Express Scripts on Wednesday, over the protests of Comptroller Peter Franchot and the Maryland company holding the old contract.
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