2018 Proposed State Budget Highlights
Governor Hogan submitted his proposed
In broad strokes, the budget provides for a 2% salary increase to most state employees but does not longevity/performance salary increments. Most provider rates are limited to 1% growth while the 3.5% required under last year’s HOPE Act for behavioral health providers is cut to 2%. The budget ‘defers’ some spending to next year, including $50 million of planned ‘catch-up’ funding for the state pension system. Education aid formulas are fully funded, but several small recently adopted education initiatives would be reduced or completely unfunded via the BRFA.
The budget itself makes no provision for the impact of recent federal tax reform actions, although the Fiscal Briefing document (below) does discuss the anticipated impacts on Marylanders federal and state tax liabilities for
The “Fiscal Briefing” provided to the General Assembly ‘money committees’ on Monday is currently the most detailed summary of the budget, and issues related to cuts, the structural deficit