March 11th, 2022 by WCBC Radio
The Maryland Board of Revenue Estimates voted Thursday to increase the revenue projections for the current and upcoming fiscal years by a combined $1.6 billion, which signals continued economic growth. The panel adjusted the official revenue forecast for Fiscal Year 2023, which begins this July, upwards by an additional $737 million to $23.6 billion. Despite the robust numbers- Budget Secretary David Brinkley is recommending that the General Assembly take a fiscally conservative approach…