Post by Logan on Jan 20, 2016 20:22:46 GMT -6
Maryland Governor Larry Hogan's budget sets up debate on how to spend surplus
Gov. Larry Hogan unveiled a $42.3 billion spending plan Wednesday, promising an array of small tax cuts and stashing a large amount of money in savings. It sets the stage for months of debate on what to do with the state's projected $450 million budget surplus.
Tuition at public institutions would go up by 2 percent under the governor's budget proposal. Every mandate for funding K-12 education would get paid, giving every school district in the state more money per pupil than last year. State employees would get a raise of up to 4 percent, though a few workers would lose their jobs as the state eliminates 550 positions in what officials described as a streamlining of government.
Budget Secretary David Brinkley said he was confident the state could find private sector jobs for that "handful" of workers and described the budget as delivering on the governor's promises.
The proposal would also deliver $36 million in fee and tax reductions this year, partly by speeding up tax breaks already approved by the legislature and partly by making new cuts.
Continued at www.baltimoresun.com/news/maryland/politics/bs-md-hogan-budget-20160120-story.html .
Gov. Larry Hogan unveiled a $42.3 billion spending plan Wednesday, promising an array of small tax cuts and stashing a large amount of money in savings. It sets the stage for months of debate on what to do with the state's projected $450 million budget surplus.
Tuition at public institutions would go up by 2 percent under the governor's budget proposal. Every mandate for funding K-12 education would get paid, giving every school district in the state more money per pupil than last year. State employees would get a raise of up to 4 percent, though a few workers would lose their jobs as the state eliminates 550 positions in what officials described as a streamlining of government.
Budget Secretary David Brinkley said he was confident the state could find private sector jobs for that "handful" of workers and described the budget as delivering on the governor's promises.
The proposal would also deliver $36 million in fee and tax reductions this year, partly by speeding up tax breaks already approved by the legislature and partly by making new cuts.
Continued at www.baltimoresun.com/news/maryland/politics/bs-md-hogan-budget-20160120-story.html .