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The Maryland senate president says new taxes should be part of the state’s plan to deal with the deficit when the legislature returns to Annapolis in January.
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State policymakers said energy costs are also likely to feature prominently in the legislative session that begins in January.
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Superintendent Myriam Rogers said the district is restructuring next year’s budget amid state deficits and revenue shortfalls
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More than $148 million in cuts were approved for Maryland's 2024 state budget. The cuts effect specific agencies and government initiatives, including the state's coordinator of rural development.
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Officials say the cuts help pay increased Medicaid and child care scholarship costs.
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Two pilot programs would see a drop in funding.
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Olszewski praises the Council for giving his spending plan “unanimous bipartisan approval.”
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The framework of the deal will eventually raise about $320 million to $350 million per year through a variety of vehicle-related fees and $80 million annually from hiking taxes on tobacco and nicotine products.
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Governor’s budget proposal for upcoming fiscal year doesn’t raise taxes — but storm clouds loom for future years as House Democrats begin talking proposals.
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A Democratic proposal would reduce the state sales tax to 5% from 6%, but also expand it to an array of services. It's an unpopular idea, but supporters say it's worth considering.