Maryland is currently operating in Fiscal Year 2025, which started 7/1/2024 and ends 6/30/2025. Recovery Plan Performance Report - Annual Report #1. An official website of the State of Maryland.

Maryland 2024 SLFRF Annual Performance Report. American Rescue Plan, State and Local Fiscal Recovery Funds (SLFRF)

Jan 15, 2025 · I look forward to partnering with the Maryland General Assembly to tackle this historic budget crisis and set Maryland on a path of sustainable economic growth." The Governor’s FY 2026 budget proposal reduces the structural deficit by $2.25 billion for FY 2026, maintains a Rainy Day Fund balance of 8.0%, and flips the projected cash shortfall ...

dynamic economy that is ready for the future, we will also make Maryland safer, more affordable, and more competitive. Together, we will continue the work we began last year to build a Maryland that serves its people through strategic investments in public …

Jan 16, 2025 · ANNAPOLIS, MD — Governor Wes Moore yesterday released the Moore-Miller Administration’s FY 2026 budget proposal. The $67.3 billion plan is driven by four principles: growing our economy, strengthening Maryland’s labor force, modernizing government, and fixing what’s broken in our tax system.

Jan 15, 2025 · Maryland Gov. Wes Moore introduced his $67.3 billion operating budget proposal for 2026 that he said is based on growing the economy — and includes tax changes.

Jan 8, 2025 · Maryland's 90-day legislative session opened Wednesday with the governor calling for $2 billion in cuts to balance the state budget amid a shortfall of almost $3 billion.

Jan 14, 2025 · BALTIMORE -- Maryland Gov. Wes Moore is proposing that two-thirds of Marylanders will receive a tax cut as the state faces a $2.7 billion budget deficit, its largest in 20 years. The governor...

Jan 16, 2025 · We are channeling $750 million toward economic growth this year. I have proposed $128 million in new targeted and strategic investments toward specific areas that will strengthen our competitiveness – like cyber, quantum, and life sciences.

Maryland’s budget for fiscal year 2025 is $63 billion — up more than $20 billion from nearly a decade ago. But money coming in hasn’t kept pace, and analysts have been warning for years...