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The charts, graphs, and tables below are all highly interactive and we invite you to explore. The data includes FY 2017, FY 2018, FY 2019, FY 2020, FY2021, FY2022, FY 2023 Actual Budgets, FY 2024 Working Budget, and the FY 2025 Legislative Appropriation.
The definition of a mandated appropriation has since been further clarified by the Attorney General’s opinion of Chapter 851 of 1980, which is that a statutory mandate must clearly prescribe a dollar amount or an objective basis from which a level of funding can easily be computed.
Maryland’s budget has a program budget, although the budget books continue to report the budget using a line-item format. An element of performance budgeting is provided through the Managing for Results initiative.
The Maryland constitution gives the Governor a great deal of executive power in the budget process, more than in most states or in the federal government. Executive Budget Powers. The Governor: Sets the revenue estimates that establish the basis for State spending; and.
Capital Budget Overview. Definition of Capital. capital improvement is a project that has a useful life at least equal to the life expectancy of the bonds sold to finance it (currently 15 years) and costs $100,000 or more. Examples of capital improvements include: real property acquisition; architectural and engineering services;
Maryland Nonpoint Source Management Program may be updated or revised independently of this document. In addition, the table of milestones identified in the appendix of this document will be updated annually to gauge progress of selected programs and to support EPA oversight.
For State government, the Department of Budget and Management is responsible for budget development, supervision of budget execution, and efficiency in State government. The largest sources of revenue for State government come from State income taxes, the State sales tax, and State Lottery income.
