Maryland: Board Of Revenue Estimates

Wed, 10/15/2008 - 13:54

BPW approves $345M in budget cuts

The Board of Public Works approved over $345 million in additional budget cuts at Wednesday's meeting, according to the governor's office.

The reductions, which impact the fiscal year 2009 state budget, included over $297 million in general funds and $50 million in special and federal funds.

The announcement comes after Gov. Martin O'Malley (D-Baltimore) began asking state agencies to identify cuts of up to 5 percent. The Board of Public Works also approved the elimination of 880 state positions, 830 of which were vacant.

Thu, 10/09/2008 - 11:20

Sun: O'Malley considers steeper cuts, furloughs

Facing a looming budget shortfall, Gov. Martin O'Malley (D-Baltimore) announced he would be considering steeper cuts to funding for health care and education and is considering a furlough program, according to The Baltimore Sun.

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Mon, 10/06/2008 - 17:40

MDGOP: Cut the fat from the state budget

The Maryland Republican party says the state government doesn't have revenue problem, rather, it has a spending problem.

"The advertising from advocates of the slots constitutional amendment claims that the only solution to the projected deficit is to raise taxes or pass the referendum, I want to make it perfectly clear that the MDGOP is firmly opposed to raising taxes," said MDGOP chair Jim Pelura in a statement.

Pelura suggested that with a careful evaluation, spending could be brought under control.