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.
Governor Moore's proposed 2026 budget will bring tax cuts to …
1 day ago · BALTIMORE -- In an interview with WJZ, Governor Wes Moore said his FY2026 budget will bring major tax cuts to 82% of Marylanders while increasing tax rates for the state's highest earners. The ...
Taken together, the targeted investments and strategic choices we’ve outlined in this budget will help reverse Maryland’s low workforce participation rates, attract world-class employees and employers to our state, and help modernize State government. And as we rev up Maryland’s economic engine, our fiscal health will improve.
Maryland budget plan for 2026 includes tax changes - WBAL-TV …
1 day ago · Maryland governor's FY2026 $27.3B budget plan hinges on spending cuts, tax changes. Governor: Under plan, taxes would be cut or unchanged for 82% of Marylanders, increased for higher earners
4 Budget for the fiscal year ending June 30, 2025, in accordance with Article III, 5 Section 52 of the Maryland Constitution; and generally relating to appropriations 6 and budgetary provisions made pursuant to that section.
Governor Moore Announces Economic Growth Agenda for the …
2 days ago · Gov. Moore’s proposed FY 2026 budget includes more than $750 million in operating and capital funding for economic and workforce development, for which $128.5 million is targeted, strategic investments to strengthen Maryland’s business climate, grow key industries and sectors, and expand the state’s talent ecosystem.
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. The charts, graphs, and tables below are all …
Governor Moore Releases Moore-Miller Administration FY 2025 Budget …
Jan 17, 2024 · The governor’s FY 2025 budget proposal shrinks the state’s structural deficit by 34 percent, keeps the Rainy Day Fund balance at 9.4 percent, and flips the state’s projected cash shortfall of $1.1 billion to a positive cash balance of more than $100 million—all without raising taxes for Marylandders.
What Marylanders Are Saying About The Moore-Miller …
Jan 18, 2024 · Leaders from across the state applaud the fiscally responsible preliminary budget laid out by Governor Moore with the goals of making Maryland safer, more affordable, more competitive, and the state that serves.
Moore's budget: Tax overhaul includes cuts and increases for …
1 day ago · An overhaul of Maryland’s personal income taxes would give two-thirds of filers an average tax cut of about $173 while raising hundreds of millions of dollars more from those making more than ...