Operating Budget - Department of Budget and Management
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’seconomy. Maryland’s economy is deeply reliant on the federal government . The federal government is our biggest employer, ... This budget will grow our economy,apply a fiscally responsible strategy, and . invest in our core priorities. Invest $750 million toward economic growth . Target
Governor Moore Releases Moore-Miller Administration FY 2026 Budget …
1 day ago · 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 ...
FY 2025 Operating Budget Documents - Department of Budget …
Department of Budget and Management 45 Calvert Street Annapolis, MD 21401 300-301 West Preston Street Baltimore, MD 21201
Maryland Gov. Moore outlines legislative priorities, 2026 budget ...
3 days ago · 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 is ...
FY 2026 Budget Presentation - Speeches - News - Office of …
1 day ago · Under the former administration, state spending in the General Fund Budget increased by 70% in the seven years before I took office. ... The second storm is a stark new policy direction from the Trump-Vance Administration that threatens to …
Maryland - Department of Budget and Management - Operating Budget
Maryland's Open Operating Budget is part of our continued commitment to financial transparency. This site provides a guided view through our budget and provides a transparent look at how we allocate public funds.
Maryland Gov. Moore includes income tax increases for wealthy …
1 day ago · Helene Grady, Moore’s budget secretary, said Maryland’s highest-earning households currently pay the lowest share of their income in state and local taxes. She cited a finding by the Institute on Taxation and Economic Policy, which found households earning more than $700,000 pay 9% of their income in state and local taxes in Maryland, while ...
State of Maryland Operating Budget Funding Source: 2017-2025
Maryland's Open Operating Budget is part of our continued commitment to financial transparency. This site provides a guided view through our budget and provides a transparent look at how we allocate public funds.
Governor's budget proposal to include tax cuts and 'growth …
3 days ago · Maryland faces a $3 billion budget gap for fiscal 2026. That’s on top of a $300 million shortfall in the current year. In five years, legislative analysts project a structural deficit exceeding $6 billion for the state government. Moore is scheduled to release his proposed spending plan before noon Wednesday, after a breakfast meeting with ...