Posted inState Government

State ends 2021 with surplus, but some Marylanders struggle

ANNAPOLIS, Md. — Maryland has ended its 2021 fiscal year with $2.5 billion in unassigned funds that Comptroller Peter Franchot, D, hopes to reinvest in those still struggling from the effects of the coronavirus pandemic. The extra revenue drove nearly $1 billion increases to general fund revenue estimates for 2022 and 2023. This excess this […]