Tale of two budget years adds $250 million to revenue projections

By: Bryan P. Sears

Outlets: Maryland Matters

Published: March 12, 2026

Words: 1,122

Last Updated: 4 months, 3 weeks ago

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Maryland’s revenue picture improved by nearly $250 million over two years, buoyed largely by a factor that cannot be anticipated — people dying.

The numbers released Wednesday by the Board of Revenue Estimates show a tale of two budget years: A $355.7 million increase in taxes expected to be collected this year, offset by a $108.1 million reduction in fiscal 2027.

Those estimates include a significant reduction in what the state can expect to …

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