Maryland Public Works Board Approves $413M In State Cuts

Maryland’s Board of Public Works approved $413 million in budget cuts Wednesday as the state deals with the massive impact of the Covid-19 pandemic.

The panel, which consists of Gov. Larry Hogan, Comptroller Peter Franchot and State Treasurer Nancy Kopp, voted 2-1, with Hogan and Franchot in favor of the reductions.

More budget cuts will likely be coming in the next few weeks and months. The administration agreed to defer $205 million of additional cuts in order to win Franchot’s vote.

Originally, Hogan’s administration proposed more than $600 million in budget reductions. Both Kopp and Franchot raised issues with the cuts, and Franchot reportedly planned to vote against the proposal if the administration did not remove $205 million of them.

Click here to read the rest of the article written by Holden Wilen over at the Washington Business Journal

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