Top MD News
Maryland counties pass FY2011 budget
The Montgomery County Council passed a $4.27 billion budget for FY2011. The Prince George's County Council adopted a $2.6 million operating budget. Read more
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How It Works: The Budget Process in the State of Maryland
The General Assembly, primarily through the Senate Budget and Taxation and House Appropriation Committees, reviews, holds hearings, and makes decisions on the budget. By constitutional provision, the General Assembly may only concur in or reduce the budget of the Executive, but may reduce, concur, or increase the budget appropriations for the Legislature and Judiciary.
A Budget Bill must be enacted by the General Assembly one week before the end of the session; otherwise the Governor must proclaim an extended session. The legislature must enact a "balanced budget". The Governor has no veto power over the budget bill; it becomes law immediately after enactment. In June, the Department of Budget and Management issues the "Fiscal Digest" containing the appropriations authorized by the General Assembly.
As required, a budget must be in place by July 1, the start of a new fiscal year.
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