August 22nd, 2023 by WCBC Radio
Fiscal responsibility was the focus of Governor Wes Moore’s keynote address to the Maryland Association of Counties at their summer conference in Ocean City. Speaking about a disciplined approach to grow Maryland’s economy and budget, Moore expressed the value of partnerships between government and business. The new Maryland Economic Council is being launched to track and discover the strongest assets of the state for more structured economic development…
The Moore administration is facing an oncoming budget deficit of $418 million for the coming fiscal year since any state surplus money has now been spent through commitments approved by lawmakers in the last General Assembly session. Moore said the creating the next budget will require discipline and prudence as well as unlocking the potential of the state’s assets…