Happy New Year, Let's Do The Numbers

On the latest episode of the Conduit Street Podcast, Kevin Kinnally and Michael Sanderson preview Maryland’s budget picture and fiscal outlook, including a breakdown of the driving forces behind the record State budget surplus, higher-than-expected tax receipts, and bullish revenue projections.Plus, a look at the Spending Affordability Committee’s recommendations to help guide fiscal 2023 budget decisions, including shoring up reserve funds, repaying unfunded liabilities, and prioritizing one-time construction costs.The Conduit Street Podcast is available on major platforms like Spotify, Apple Podcasts, Google Podcasts, and more. Episodes are also available on MACo’s Conduit Street blog.Listen to previous episodes of the Conduit Street Podcast on our website.Useful LinksPrevious Conduit Street Coverage: Top Issues of 2022 Session: Budget and Fiscal OutlookPrevious Conduit Street Coverage: Spending Fiscal Leaders on Surplus: Bolster Rainy Day Fund, Repay Unfunded Liabilities, Invest in One-Time Capital ProjectsPrevious Conduit Street Coverage: Board of Revenue Estimates Approves Another $1 Billion Write-Up