Garrett County officials say a boost in the local hotel tax will help pay for the county’s recent acquisition of a manmade whitewater course in western Maryland.
In a strange ending full of finger-pointing over failures, the Maryland General Assembly adjourned Monday at midnight after running out of time and failing to pass a key revenue plan needed to avoid hundreds of millions of dollars in budget cuts.
Maryland Senate President Thomas V. Mike Miller says changes to the state budget made by House of Delegates committees could mean deep cuts and the need to raise revenue next year.
Fewer taxpayers would be affected by an income tax increase approved Monday under a House panel’s plan then one approved by the state Senate last week.
Maryland’s Board of Revenue Estimates has revised state revenue projections downward by about $80 million for the current fiscal year and $50 million for the next one.
The Maryland Lottery says the state’s two casinos have generated $15 million in revenue in February.
Gov. Martin O’Malley’s proposal to phase in a 6 percent sales tax on gasoline includes money for local road repairs, rules to make it harder to shift transportation dollars to other purposes and a mechanism to delay implementing the tax if gas prices spike.
The Maryland Lottery says the state’s two casinos have generated nearly $13 million in revenue in January.
Montgomery County is getting ready to implement a 5-cent bag tax modeled after the one that took effect in the nation’s capital in January 2010.
The Maryland Transit Administration says a fare hike is needed to meet state revenue goals without cutting services.
The Frederick County Commissioners are considering asking the Maryland General Assembly to allow slot machines operated by local nonprofit clubs.
Comptroller Peter Franchot says Maryland is on track to bring in $195 million more in general fund revenues this year than expected.