Comptroller Franchot urges fiscal restraint with release of FY 2019 closeout report
ANNAPOLIS, MD — Comptroller Peter Franchot on Thursday announced that revenues for Fiscal Year 2019 came in $216.6 million above the Board of Revenue Estimates’ projections, bringing the unassigned balance of the State’s General Fund to $351 million, or less than one percent of the total FY 19 operating budget of $44.6 billion. The final closeout numbers reflect stronger-than-expected revenue […]