Maryland Revenue Estimates Unchanged - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Maryland Revenue Estimates Unchanged

Posted:

ANNAPOLIS, Md. (AP) - New revenue estimates for the state of Maryland won't require a downward adjustment of projections, but there aren't any extra dollars, either.

The Maryland Board of Revenue Estimates released unchanged revenue estimates on Wednesday.

Board members say that's positive compared to the last two revisions last year, which required them to note Maryland didn't bring in as much revenue as they had projected.

General fund revenues are expected to be about $15.7 billion for fiscal year 2015 and $16.2 billion for fiscal year 2016.

Comptroller Peter Franchot, a board member, says while the state can be relieved it's not writing down revenues, it's important not to confuse economic stability with economic growth.

He says it's important to remember that economic growth still is not a pre-recession levels.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Kent County Approves Plan to Deal With Feral Cat Colonies

    Kent County Approves Plan to Deal With Feral Cat Colonies

    Aug 14, 2018 11:37 PM2018-08-15 03:37:00 GMT
    Tuesday, August 14 2018 11:37 PM EDT2018-08-15 03:37:26 GMT
    DOVER, Del. --- Kent County Levy Court Commissioners on Tuesday approved spending $10,000 to target four feral cat colonies around central Delaware. Commissioners approved a Trap, Neuter, and Return program carried out by Faithful Friends that will targetMore
    DOVER, Del. --- Kent County Levy Court Commissioners on Tuesday approved spending $10,000 to target four feral cat colonies around central Delaware. Commissioners approved a Trap, Neuter, and Return program carried out by Faithful Friends that will targetMore
  • Hoopers Island Waterman Catches Large Bullshark in Chesapeake Bay

    Hoopers Island Waterman Catches Large Bullshark in Chesapeake Bay

    Aug 14, 2018 10:35 PM2018-08-15 02:35:00 GMT
    Tuesday, August 14 2018 10:35 PM EDT2018-08-15 02:35:14 GMT
    Larry "Boo" Powley says his Monday morning was a little bit more eventful than he had planned.  After a 300 lb. bull shark got caught in his fishing net, he says his phone has been ringing non-stop.More
    Larry "Boo" Powley says his Monday morning was a little bit more eventful than he had planned.  After a 300 lb. bull shark got caught in his fishing net, he says his phone has been ringing non-stop. More
  • Watermen, Chesapeake Bay Brace for More Water, Pollution

    Watermen, Chesapeake Bay Brace for More Water, Pollution

    Aug 14, 2018 10:08 PM2018-08-15 02:08:00 GMT
    Tuesday, August 14 2018 10:08 PM EDT2018-08-15 02:08:02 GMT
    (Photo: WBOC)(Photo: WBOC)
    (Photo: WBOC)(Photo: WBOC)
    For the second time in the past four weeks. flooding has decimated a number of towns in Northern Pennsylvania.More
    For the second time in the past four weeks. flooding has decimated a number of towns in Northern Pennsylvania. More
Powered by Frankly

All content © Copyright 2000 - 2018 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices