image description

Hogan Discusses $2.5B Fiscal WIndfall

October 7th, 2021 by WCBC Radio

Last week it was announced that Maryland ended its 2021 fiscal year with $2.5 billion in unassigned funds. Comptroller Peter Franchot said he hopes to reinvest in those still struggling from the effects of the coronavirus pandemic. Franchot recommended placing most of the state’s surplus in a rainy day fund and delivering funds to those who may need it most. During his most recent press conference, Governor Larry Hogan said discussions on how best to utilize the surplus are ongoing…