CAMBRIDGE, Md. (AP) — State and local officials in Maryland are wondering what will be cut next due to budget challenges.
Two days after outgoing Gov. Martin O’Malley brought budget cuts to the Board of Public Works for the current fiscal year, leading lawmakers made forecasts Friday as to how Gov.-elect Larry Hogan and lawmakers will close an estimated $750 million deficit for the next fiscal year. Senate President Thomas V. Mike Miller and House Speaker Michael Busch spoke on a panel at a conference of local officials about the upcoming budget challenges and where some of the needed savings might be found.
“Nothing is going to be sacrosanct, and we’re going to get through it,” Miller, D-Calvert, said at the Maryland Association of Counties conference, with less than a week before the start of the 90-day legislative session.
One potential budget target is the Geographic Cost of Education Index, a budget formula that sends extra state money to school districts in areas with higher education costs. Cutting the GCEI entirely would save the state about $126 million.
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1 comment:
Maryland is broke, and Cambridge along with Salisbury is a mess! No Jobs and little opportunity for growth. What jobs are out there are minimum wage jobs paying less than 8 to 10 per hour if luck. And due to Obama care, now of them will give you any hours. It's no wonder the state and nation is in the mess it is in. You can't tax and spend your way into prosperity!
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