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Peter Franchot Says Starting School After Labor Day Is Having Positive Impact On Economy

September 20th, 2019 by WCBC Radio

Maryland Comptroller Peter Franchot announced that starting school after Labor Day has “a clear, positive impact on both state and local government economies” with a total net economic impact of up to $115 million. The numbers released this week are from a new analysis from the Business Economic and Community Outreach Network (BEACON) at Salisbury University.  The report, entitled “The Economic, Employment and Fiscal Impacts Of Added Summer Vacation Days Attributable To Post-Labor Day Opening of Maryland’s Public K-12 Schools,” echoes an economic impact study conducted by the Maryland Bureau of Revenue Estimates in 2013, which forecast a significant increase in state and local tax revenues and wages resulting from a Post-Labor Day school start date.

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