Posted under Budget
If you are interested in Maryland’s budget I’d recommend checking out the 2009 Spending Affordability Committee Report. The report is produced by a bipartisan group of legislators to make recommendations about spending levels in the upcoming fiscal year.
You can see from the chart on page 29 that the bulk of the spending goes to education and health care.
Since the economic crisis has brought declining revenues, this year the committee, for the first time in its history has recommended 0% spending growth.
Freezing spending and a variety of other measures recommended by the committee are expected to eliminate about half of the $2 billion shortfall projected for next year.
You can check out coverage of the committees report from the AP and the Baltimore Sun.
The full report is available here.
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