Thanks to Governor Hogan’s pro-growth and common sense policies, Maryland is now in the strongest fiscal position in the history of the state.
Eight years ago, Governor Hogan inherited a $5.1 billion structural budget deficit. Yesterday, as Governor Hogan announced his final budget plan, Maryland will have a record reserve fund of $4.4 billion and a revenue surplus of $2 billion — a historic fiscal turnaround. With the state in strong fiscal shape, Governor Hogan’s budget can responsibly propose record investments in education, police, environmental stewardship, and cybersecurity.