Includes “With Maryland’s state pension fund nearly $20 billion in the red, a new statewide survey from the Maryland Public Policy Institute reveals that a large majority of voters are concerned about the state’s ability to fund pension benefits for public employees. ”
By Danielle Gains and Laura Olson, includes “Maryland could lose a $200 million chunk of federal stimulus funding meant to shore up state government, as the result of a provision in the federal law meant to limit the use of the stimulus to fund tax breaks.”
By Keith Daniels, includes “… Christopher Summers, a public policy expert at the Maryland Public Policy Institute, says the pandemic only complicates financial matters for a city reeling from financial troubles long before the pandemic's nearly one-year grip. One example includes a study by the non-profit ‘Truth in Accounting’ released in January last year.”
By Robby Soave, includes “In Montgomery County, Maryland, the public schools have remained closed since last March while many private schools have decided to open. But the county's vaccination plan prioritizes public school teachers over employees of private schools.”
Citing a lack of transparency and communication from Baltimore County Public Library leadership and seeking health care benefits for almost half the library system’s workforce, library employees are trying to unionize.
The 2020 Financial State of the States report surveys the fiscal health of the 50 states prior to the coronavirus pandemic. This data is released today by Truth in Accounting (TIA), a think tank that analyzes government financial reporting.
State government recently closed out the books for the fiscal year that ended on June 30 with some marginally good news: Things weren’t as bad as some had initially expected.
As you may know, Maryland is one of only 13 states to hold the coveted AAA rating from all three major credit agencies—Moody’s, S&P Global, and Fitch Ratings.
How large could the shortfall in state government general revenues be, amidst the coronavirus and related crises?
A restaurant owner said Tuesday that she can't get employees to return to work because they make more in unemployment benefits than in working for her business.
By now Senate Majority Leader Mitch McConnell’s (R-Ky.) half-baked idea to encourage states to declare bankruptcy so that the federal government is absolved of further responsibility has been widely and roundly condemned on a bipartisan basis.
Baltimore city leaders are learning how much damage the recent pandemic is expected to take on the city budget.
The man was still yards away when she saw it — a white face mask, glowing in the predawn light. Gabriel Santos, a homeless-outreach worker, had woken up with cold symptoms.
In so many ways, Baltimore City is like a troubled kid. From the water billing fiasco to the mayor’s resignation over a corruption scandal, the city creates one problem after another and depends on massive state allowances for survival.
Among the 75 most populous cities in the U.S., Baltimore ranks 66th for the state of its finances, having $16,000VARIABLE 4 in liabilities
Twenty-one years after Martin O’Malley improbably became mayor of Baltimore, he is still reliving those days and preaching about the lessons he learned in his seven years as mayor and eight years as governor.
A coalition of unions and progressive Maryland Democrats announced a package of tax measures on Wednesday to raise money for a plan to improve education in the state.
A bill signed by Maryland Governor Larry Hogan requires the State Retirement and Pension System (SRPS) to report annually the amount of carried interest on any assets in the system, effective July 1.
Why are senior teachers more deserving of increased pay than junior teachers, and how large is the current pay gap between them?
In May, a Moody’s Investors Service report criticized Maryland’s Montgomery County for not fully funding OPEB for two years in a row.