BUDGET OF STATE GOVERNMENT


Appropriations

Property Taxes

Revenues

State Basis for Local & State Purposes


To each annual session of the Maryland General Assembly, the Governor must submit a budget of government for the following fiscal year. The Constitution of Maryland requires that the budget of State government be balanced: total estimated revenues must equal or exceed total appropriations. The budget also must reflect any estimated revenue surplus or deficit at the end of the preceding year (Constitution, Art. III, sec. 52).

For State government, the Department of Budget and Management is responsible for budget development, supervision of budget execution, and revenue estimating.


APPROPRIATIONS

PROPERTY TAXES

REVENUES

STATE BASIS FOR LOCAL & STATE PURPOSES

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 Maryland Manual On-Line, 2003

July 31, 2003   
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