Posts Tagged ‘Maryland Board of Revenue Estimates’
MD Board of Revenue Increases FY 2023 Budget Projections; Decreases FY 2024 Budget Projections
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…
Read MoreMd. Gas Tax Targeted As State Revenues Surge
Maryland revenue projections for the current and upcoming fiscal years have been revised upward by $1.6-billion, prompting more calls to provide Marylanders with tax relief. The Maryland Board of Revenue Estimates (Comptroller Peter Franchot, Treasurer Dereck Davis and Budget Secretary David Brinkley) voted Thursday to increase revenue projections to $22.5-billion for Fiscal Year 2022, up…
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