Posts Tagged ‘shortfall’
Maryland faces budget shortfall up to $1 billion for Fiscal Year 2020
The Maryland Board of Revenue Estimates in a virtual, nonvoting meeting today received grim projections for significant shortfalls in the current and future fiscal years as a result of the COVID-19 pandemic.聽 Andrew Schaufele, director of the Bureau of Revenue Estimates and the Board’s executive secretary, outlined two scenarios, both of which assume a vaccine…
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