Analysts now estimate a $1.6 billion gap between revenues and spending. The increase is very likely due to the growing Medicaid costs and the end of stimulus dollars. Among the General Assembly, there is talk of balancing the budget with no new taxes, but some are skeptical. For more information, see a recent Gazette article.
Posts Tagged 'Maryland'
Tags: Budget, FY 2012, Maryland
Tags: American Recovery and Reinvestment Act, ARRA, award, Broadband, Broadband Technology Opportunities Program, BTOP, Department of Technology, Grant, High-speed infrastructure, Maryland, National Telecommunications & Information Administration, NTIA, Stimulus
The National Telecommunications and Information Administration (NTIA) announced on Friday that the Maryland Department of Technology was awarded $115.2 million in stimulus funds in the second round of the Broadband Technology Opportunity Program (BTOP). The funds will be used to built a high-speed infrastructure through all 23 counties and Baltimore City and provide broadband service to many anchor institutions, including schools and libraries. For more information, please see the press release from the US Department of Commerce.
Tags: Candidate, Elections, Governor, House of Delegates, Maryland, Senate
These Gazette articles give some insight into the upcoming elections:
Tags: Maryland, Pension, State Teachers Pension, Teachers Pension
Maryland’s State Teachers Pension costs are still a concern and will be examined closely. The Joint Committee on Pensions is studying the issue. In addition, members of a group of non-elected experts will be announced soon. Their charge will be to study and make recommendations to state legislators. For more analysis, go to the July 2nd Gazette article.
Tags: Budget, FY 2011, FY 2012, Maryland
As FY 2011 begins, people are already looking at revenue projections and the FY 2012 budget. For more information, check out a July 2nd Gazette article.
Tags: Board of Public Works, Budget, Division of Library Development and Services, DLDS, FY2010, LBPH, Library for the Blind and Physically Handicapped, Maryland, Maryland Department of Education, MSDE
On Wednesday, the Board of Public Works approved the latest round of mid-year budget cuts. Public libraries were not targeted in this round; however, state employees throughout various departments are loosing their jobs. The Maryland State Department of Education (MSDE) is loosing a total of eight positions. Six of the positions are vacant, but two are currently filled. The Division of Library Development and Services (DLDS) lost one position at the Library for the Blind and Physically Handicapped.
For more details about the cuts, see the Governor’s Office press release, which contains links to a complete list and a summary of budget actions.