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MD Comptroller Brooke Lierman said revenue projections down the fiscal news is not all bad

March 17th, 2023 by WCBC Radio

Maryland Comptroller Brooke Lierman said this week that despite state revenue projections being down- the fiscal news is not all bad. Speaking during the regular Board of Public Works meeting along with Governor Wes Moore and Treasurer Derek Davis, Lierman said the downward trend was not completely unexpected- and she noted that there are other financial indicators that remain positive…

Lierman  said the slower growth is a reflection of the lingering effects of national inflation. The comptroller blamed inflation, sluggish consumer spending and under-performing employment numbers…

Comptroller Lierman will be in Cumberland today with a number of stops including the groundbreaking for the Baltimore Street redesign project.