Friday, September 1, 2017

Maryland general fund revenue for fiscal 2017 comes in higher than expected

Maryland closed fiscal 2017 with a general fund balance of $256.3 million, but state Comptroller Peter Franchot urged caution amid uncertain times in Washington. In all, the state collected nearly $16.7 billion in the fiscal year ended June 30, up 3.1 percent over the year-ago period. The total is $90.3 million, or 0.5 percent, above estimates. By law, all but $10 million of the balance is required to be appropriated in the fiscal 2019 budget with $50 million going to the State Pension System and…



from https://www.bizjournals.com/baltimore/news/2017/09/01/maryland-general-fund-revenue-for-fiscal-2017.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/164863313987

No comments:

Post a Comment