BUDGET OF STATE GOVERNMENT

[photo, State House, Annapolis, Maryland]

State Budget Highlights, FY2005

State Budget Books, FY2005

State Budget Highlights, FY2004

State Budget Books, FY2004


Appropriations	Property Taxes	Revenues

State Basis for Local & State Purposes


State Basis for Local & State Purposes

State House, Annapolis, Maryland, April 2005. Photo by Diane F. Evartt.

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. The Department also publishes the 2005 Fiscal Digest.