MD Board of Revenue Increases FY 2023 Budget Projections; Decreases FY 2024 Budget Projections

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The Maryland Board of Revenue Estimates last week voted to increase state revenue projections for FY 2023 to $23.74-billion – an increase of $55.8-million. Comptroller Peter Franchot says this shows that revenue collections are generally performing as expected since the September report. The Board also lowered revenue projections for FY 2024 to $25.1-billion – a…

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