16.4 Billion - Total amount of FY 2016 revenue and total amount of expenditures – a balanced budget.
2.9 Billion - Proposed capital budget for Department of Transportation projects.
1.36 Billion - Funding for the Department of Public Safety and Correctional Services, an increase of 2.7 percent from the previous year’s budget.
1.2 Billion - The University System of Maryland receives $1.2 billion, a $15.4 million, or 1.3%, increase from last year.
1.02 Billion - The FY 2016 budget provides $1.02 billion for the Developmental Disabilities Administration, an increase of 8% from the prior year.
700 Million - The amount of spending reductions in FY 2016 budget that provides for structural balance.
500 Million - General Fund payments on the state’s public debt will reach $500 million per year by FY 2020. In 2013, Maryland’s General Fund debt service cost was zero.
347 Million - Funds provided for modernizing and replacing aging facilities at state higher education institutions. Represents a 9.7 percent increase from the previous year’s budget.
290 Million - Capital budget provides $290 million to fully fund K-12 school construction.
274 Million - Total amount of funds used for debt service this year. In comparison, $140 million was spent in FY 2015.
132 Million - Resources provided for substance abuse treatment, including $4.1 million from casino-related revenue for gambling treatment.
120 Million - Amount of funding for waste-water treatment plant / septic systems upgrades to reduce nitrogen and phosphorus pollution. Increase of 2.8 percent from the previous year.
67 Million - Police aid to local governments and municipalities totals $67.3 million in FY 2016.
48 Million - FY 2016 capital budget allocates $48 million for improvements to Maryland’s health infrastructure, a nearly 18 percent increase from the previous year’s budget.
45 Million - Budget includes a $45.3 million increase in state aid to public schools, bringing the FY 2016 total to $6.1 billion, an historic high for education support in Maryland.
39 Million - The FY 2016 includes $39.4 million for the Chesapeake and Atlantic Coastal Bays 2010 Trust Fund to support non-point source pollution control projects.
28 Million - Funding for the Maryland Department of Veterans Affairs to deliver services and programs to assist veterans. An increase of 3.7 percent from the previous year’s budget.
22 Million - Allocation of funds for the Cover Crop Program, an increase of 7 percent from the previous year’s budget.
19 Million - Budget helps prepare inmates for employment by providing $19.8 million for occupational and transition training services. 3 percent increase from the previous years funding.
16 Million - Budget includes $16.9 million for job centers across the state which provide free assistance to job seekers through training referrals, career counseling, and job listings.
10 Million - To provide stipends for teachers who obtain higher levels of education and certification, represents an increase of 141 percent from FY 2014.
4 Million - Budget maintains $4.3 million for prekindergarten education, combined with federal funds that will provide free prekindergarten to an additional 3,000 low-income students.
3 Million - State Chemist program receives $2.9 million to ensure the safety and effectiveness of pesticides, commercial fertilizers, feeds, soil conditioners, and other products.
752,700 - Savings achieved due to a new inmate meals contract.
96 - Percentage payments on state debt will grow this year.
10.6 - Percentage of budget that debt service and pension costs account for this year, in 2008 it was 6.2%.
2 - Percentage of reduction in funding to state agencies to help break the ongoing cycle of excessive spending and borrowing.
0.5 - Percentage of spending growth for FY 2016, excluding appropriation to the reserve fund, PAYGO capital and debt service, below the projected 3.5% growth in revenues.
0 - New taxes or fees.
1 comment:
Finally a common sense approach. MD has needed this for years. Omally has no hope at president and this should speak to every democrat that voted for him. Its time we vote for the best person and not along party lines. I am a life long democrat that was fed up with the tax and spend culture in MD. I voted for Hogan and now I am happy I did.
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