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October 14, 2008

Big shocker: Budget numbers getting worse

In case you were wondering if maybe somehow the global financial meltdown might be helping Maryland's budget situation, the answer would be, um, no. New numbers out this afternoon from Department of Legislative Services budget guru Warren Deschenaux peg this year's budget shortfall at about $591 million, up from a Board of Revenue Estiamtes figure of $432 million a month ago. And next year's estimate is up from a little over $1 billion to more than $1.3 billion. And that assumes slots passes. Otherwise, it would top $1.4 billion.

Just in case the legislators who are getting briefed on that this afternoon freak out and look for somewhere to pass the buck, Warren includes, as he often does in his famously droll presentations, a little hint. Pages 21-25 include a handy-dandy guide to just how flush with cash local governments are, at least as DLS sees it. There's the chart showing how many local governments cut property taxes this year (5), how many increased employee salaries by more than 3 percent (14) and how much local government revenue is expected to increase this year ($683.5 million, which would, yes, be more than the state needs to balance its books.) DLS has been hinting for years that the state might want to consider changing the way the state and local governments split the costs for teacher retirement, one of the single biggest things quick fixes available to the state. Local governments, of course, tend to see things differently.

Posted by Andy Green at 3:27 PM | | Comments (0)
        

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Annie Linskey covers state politics and government for The Baltimore Sun. Previously, as a City Hall reporter, she wrote about the corruption trial of Mayor Sheila Dixon and kept a close eye on city spending. Originally from Connecticut, Annie has also lived in Phnom Penh, Cambodia, where she reported on war crimes tribunals and landmines. She lives in Canton.

John Fritze has covered politics and government at the local, state and federal levels for more than a decade and is now The Baltimore Sun’s Washington correspondent. He previously wrote about Congress for USA TODAY, where he led coverage of the health care overhaul debate and the 2010 election. A native of Albany, N.Y., he currently lives in Montgomery County.

Julie Scharper covers City Hall and Baltimore politics. A native of Baltimore County, she graduated from The Johns Hopkins University in 2001 and spent two years teaching in Honduras before joining The Baltimore Sun. She has followed the Amish community of Nickel Mines, Pa., in the year after a schoolhouse massacre, reported on courts and crime in Anne Arundel County, and chronicled the unique personalities and places of Baltimore City and its surrounding counties.
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