budget - maryland

51 days ago - As sales tax and income tax revenues flatten, Maryland legislators need to get ready for another round of budget cuts in the fiscal year that just started, the General Assembly’s top budget analysts told the Senate Budget committee Tuesday.

64 days ago - Comptroller Peter Franchot grilled Gov. Martin’s O’Malley’s budget secretary for more than an hour at the Board of Public Works meeting over $75 million in budget cuts the governor proposed and Franchot eventually approved.

65 days ago - Before the new fiscal year begins Tuesday, Gov. Martin O’Malley plans to ask the Board of Public Works today for more than $50 million in spending reductions — less than two-tenths of 1 percent in a $31.2 billion budget.

144 days ago - After a week of negotiations, the Maryland Senate and House of Delegates have enacted a $31.2 billion state budget for fiscal 2009, trimming almost $500 million from Gov. Martin O’Malley’s spending plans but leaving at least partial funding for new initiatives on health care and the Chesapeake Bay.

161 days ago - Maryland’s House and Senate must reconcile differences in their versions of the 2009 state budget after the House approved a $31.3 billion spending plan Thursday.

162 days ago - The Maryland House of Delegates gave tentative approval to a $31.1 billion state budget for fiscal 2009, beating back repeated Republican attempts to cut even more spending in the face of a worsening economic downturn.

169 days ago - Senate debate on further cuts to Maryland’s $31.5 billion budget for 2009 showed how difficult it could be to repeal the new sales tax on computer services, even as hundreds of high-tech businesspeople rallied against the levy outside. But Senate President Thomas V. Mike Miller said he and Gov. Martin O’Malley were open to amendments to the tax that would exempt some information technology subcontractors.

175 days ago - As expected, the Board of Revenue Estimates said Thursday that state coffers will collect $333 million less in the next 18 months than it predicted as recently as December, forcing similar cuts in spending growth that a Senate committee will finalize tomorrow.

177 days ago - The Senate budget committee slashed another $50 million from Gov. Martin O’Malley’s $31.5 billion budget Tuesday, including $32 million transferred from funds for the Intercounty Connector. Supporters of the toll road from Gaithersburg to Laurel said the shift would have no impact on building the project, but two Montgomery County senators, who also support the highway, voted against the plan.