The state’s tax revenue for fiscal year 2016 came in 1.5 percent below estimates, reflecting what Comptroller Peter Franchot describes as continued economic uncertainty in Maryland. General fund revenue from taxes totaled $16.2 billion in fiscal year 2016, according to numbers released by Franchot on Tuesday, about $250 million less than what was estimated. The fiscal year ended June 30. The state closed the year with a general fund balance of $384.5 million — $188 million of which has been assigned…
from http://www.bizjournals.com/baltimore/news/2016/08/30/maryland-taxrevenue-comes-in-1-5-percent-lower.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/149710658622
No comments:
Post a Comment