The District of Columbia ended fiscal 2012 with a $417 million budget surplus, a windfall that illustrates how the fiscal climate in the nation’s capital differs from much of the nation.
District of Columbia government employees who were forced to take furlough days last year will be getting some extra money in their paychecks.
As millions of baby boomers flood Social Security with applications for benefits, the program’s $2.7 trillion surplus is starting to look small.
Frederick County homeowners will be getting some property tax relief this year.
Gov. Martin O’Malley’s budget secretary said Thursday that the state has a general fund surplus of $344 million over previous budget estimates for fiscal year 2011, which ended June 30.
Montgomery County’s inspector general says he will investigate the Board of Education’s budgeting process for the upcoming fiscal year.
Good news and bad news on the state’s economic front. The state will have $57 million more to work with than expected, but it won’t do much to help programs or state workers, who are slated for another furlough day next week.