Maryland state budget (2010-2011)

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Note: This article was last updated in 2011. Click here for more recent information on state budgets and finances.

Maryland's $32 billion FY2011 budget was passed by lawmakers on April 8, 2010.[1]

Going into the fiscal year Maryland had a total state debt of $40,615,471,801 when calculated by adding the total of outstanding debt, pension and OPEB UAAL’s, unemployment trust funds and the 2010 budget gap as of July 2010.[2]


2011 State spending & deficit in billions[3]
Total spending Healthcare Education Protection Transport Human resources Other
$32.1 $8.7 $12 $1.8 $3.3 $2.1 $3.9
2011 Local spending & deficit in billions[4]
Total spending Pension Healthcare Education Welfare Protection Transport Deficit
$31.7 $1 $0.4 $13.1 $1.4 $3.8 $1.1 $15.3

State Budget for FY 2011

Find the state’s FY2011 Comprehensive Annual Financial Report (CAFR) compiled by the state government here.

Maryland ended FY2011 with a $344 million surplus.[5]On April 8, 2010, state lawmakers reached a compromise deal on a $32 billion budget.[1]Gov. Martin O'Malley proposed a budget that closed a $1.9 billion shortfall in the fiscal year beginning in July.[1]

The budget the House and Senate conference committee agreed to on April 8, 2010, was approved by the House of Delegates in a 105-34 vote on April 10, 2010.[6] The budget cut the governor's projected deficit in 2015 from $2.2 billion to $1.5 billion.[1] The governor's signature was not required for the bill to become law.[6]

The FY2011 budget left $195.5 million in a fund balance, which was available for the state to use for a midyear revenue shortfall.[6]

State Budget for FY 2010

Maryland ended FY2010 with a balance of $344 million, $183.7 million more than projected.[7][8]

FY 2010 General Fund Spending Percentages after Reductions[9]

K-12 39.2%
Health 22.2%
Rest of State Government 19.3%
Higher Education 10.2%
Public Safety 9.1%

Budget background

The Maryland General Assembly meets each year for 90 days, having convened this year from January 14 and adjourned April 13. The 2010 Session would convene on January 13, 2010.[10]

Maryland's fiscal year begins July 1 and ends June 30 of the following year. Every year around August or September the Department of Legislative Services develops the fiscal forecast for the year in order to help create a balanced budget for the next fiscal year. In August the state's individual agencies submit budget requests and between October and November the Governor holds hearings with each agency. By the end of December the Governor completes a budget recommendation which was presented to the Legislature the 7th or 10th day of session in January. Once both the House and the Senate pass the bill, after making any necessary amendments. The Legislature gets the final say on the budget. The Governor lacks any veto authority with respect to the budget as passed.[11]

Created in 1945, the Board of Revenue Estimates was concerned with revenues that would fund State government (Chapter 991, Acts of 1945). The Board reviews the findings and recommendations of the Bureau of Revenue Estimates. The Board then sends to the Governor, for submission to the General Assembly, an itemized statement of estimated revenues for the current and next fiscal years. The Board had three ex officio members: the Comptroller of Maryland, the State Treasurer, and the Secretary of Budget and Management. The Director of the Bureau of Revenue Estimates, David F. Roose, serves as Executive Secretary (Code State Finance and Procurement Article, secs. 6-101, 6-102, 6-106).[12]

Budget figures

The following table provides a history of Maryland's expenditures and gross domestic product (GDP).

Fiscal Year Expenditures (billions) GDP (billions)
2000 $30.6[13] $180.4[13]
2001 $33.2[13] $192.7[13]
2002 $35.7[13] $204.1[13]
2003 $37.1[13] $213.3[13]
2004 $38.5[13] $228.2[13]
2005 $41.4[13] $243.9[13]
2006 $44.2[13] $257.6[13]
2007 $47.3[13] $268.7[13]
2008 $50.7[13] $280.3[13]
2009 $54.3*[13] $292.4*[13]
  • NOTE: The figures for FY 2009 won't be finalized until the end of the fiscal year.

2008-2009 budget

See also: Maryland state budget (2008-2009)

Accounting principles

Maryland's Office of Legislative Audits (OLA) publishes its audit reports online. OLA was part of the Maryland General Assembly’s Department of Legislative Services and operates under the authority of the State Government Article, Sections 2-1217 through 2-1227 of the Annotated Code of Maryland; directed by the Legislative Auditor Bruce A. Myers.[14][15]

OLA reports to the General Assembly’s Joint Audit Committee and was responsible for:

  • Performing fiscal compliance audits of State agencies to evaluate fiscal operations and determine compliance with laws and regulations
  • Conducting performance audits to evaluate whether a State agency or program was operating in an economic, efficient and effective manner
  • Conducting performance audits of the financial management practices of local school systems
  • Operating a fraud hotline for reporting fraud, waste, and abuse of State resources
  • Monitoring the financial reporting practices and financial condition of local governments in Maryland
  • Conducting special reviews and investigations requested by the Joint Audit Committee

See also

Footnotes

  1. ↑ 1.0 1.1 1.2 1.3 The Washington Post "Maryland legislators reach deal on budget over roads, teacher pensions" April 9, 2010
  2. ↑ State Budget Solutions “States Hide Trillions in Debt” July 22, 2010
  3. ↑ USA Spending, State Guesstimated* Government Spending
  4. ↑ USA Spending, State Guesstimated* Government Spending
  5. ↑ The Washington Post "With budget surpluses, it’s Md. vs. Va." Sept. 1, 2011
  6. ↑ 6.0 6.1 6.2 Business Gazette "Lawmakers sign off on state budget" April 11, 2010
  7. ↑ Letter from General Accounting Division Director Roland Unger to Comptroller Peter Franchot Sept. 1, 2010
  8. ↑ The Baltimore Sun "State ends year with more money than expected" Sept. 2, 2010
  9. ↑ Gov. O'Malley, "Budget Reductions for the Board of Public Works," August 26, 2009
  10. ↑ Maryland General Assembly Web site, accessed October 24, 2009
  11. ↑ State of Maryland, "Overview of Maryland budget processes," October 24,2002
  12. ↑ Maryland Comptroller Web site, accessed October 24, 2009
  13. ↑ 13.00 13.01 13.02 13.03 13.04 13.05 13.06 13.07 13.08 13.09 13.10 13.11 13.12 13.13 13.14 13.15 13.16 13.17 13.18 13.19 US Government Spending, "Maryland State and Local spending," accessed March 17,2009
  14. ↑ Maryland Office of Legislative Audits Web site, accessed October 24, 2009
  15. ↑ audit reports
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