This operating budget demonstrates compromise between Republicans and Democrats, and between Governor and the legislature. This is our FOURTH consecutive balanced budget.
Growth in spending is limited to 2.2% in this budget, while Maryland’s tax revenues are increasing at 3%. This budget shows the fiscal restraint and responsible spending Maryland needs to remain hospitable to residents as well as grow new businesses. Without structural changes, Maryland’s spending growth will outpace revenue growth by 1.2% annually, but not this year.
And all of this done with NO NEW TAXES!
The state will be returning a little over $80M a year in the form of an increased standard deduction and an expanded earned income tax credit.
Those are TAX CUTS.
Over $27M in Capital Budget for St. Mary’s
Agreements were reached on the Governor’s Capital Budget for many projects in Southern Maryland received funding including:
Historic St. Mary’s City
$2,000,000 for reconstruction of The Dove
$1,000,000 for construction of the Maryland Heritage Interpretive Center
$550,000 for reconstruction of The Dove pier
St. Mary’s College of Maryland
$3,600,000 for new academic building and auditorium
$2,405,000 for campus infrastructure improvements
$17,570,875 for reconstruction of Anne Arundel Hall
College of Southern Maryland
$9,979,000 for the new health sciences center at the Hughesville Campus
St. Mary’s County Adult Detention Center
$731,000 for upgrades to the St. Mary’s County Adult Detention Center
Join Us For Veteran’s Caucus
Please consider attending the final Maryland Veteran’s Caucus meeting of the 2018 Session on Monday, April 2 at 6:30 P.M. The meeting is open to the public and will be held in Room 150 in the House of Delegates offices at 6 Bladen Street. The status of Veteran legislation will be discussed and we will decide on any immediate action for the final week of session.
For more information, please visit the Maryland Veteran’s Caucus Facebook page.
2018-2019 Senatorial Scholarship
The application deadline for our Senatorial Scholarship is April 15. For more information on how to apply for the 2018-2019 Senatorial Scholarship, please visit my website via the following link- SenatorSteveWaugh.com.
Senator Steve Waugh
Calvert and St. Mary’s Counties