March 18th, 2022 by WCBC Radio
In a year of extraordinary budget surpluses, Maryland lawmakers are planning to set aside $800 million to cover future costs of the state’s sweeping education reform law known as the Blueprint for Maryland’s Future. The decision was made in recognition of last week’s announcement that revenues are projected to be $1.6 billion higher than previously estimated, on top of a budget surplus that already was huge. The reform blueprint for the state’s K-12 schools is being phased in over a decade, with costs rising in later years. While state lawmakers work toward finalizing the education allocation, the Allegany County School Board is in the process of wrapping up it’s proposed FY 23 budget. Finance Director Larry McKenzie…
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