Overview
- Gov. Wes Moore, who signed the FY2027 budget Wednesday, said it closes about a $1.4 billion gap without raising taxes or fees.
- Public schools receive $10.2 billion, law enforcement gets $124.1 million, and $73.7 million goes to economic development projects.
- The plan uses about $900 million in savings and holds the Rainy Day Fund at 8%, leaving roughly $2.2 billion in reserves.
- Targeted items include $73.7 million for 242 community revitalization projects, $54 million for quantum energy, and about $100 million in business tax cuts.
- A supplemental package adds $36 million for the Developmental Disabilities Administration, $5.5 million for health facilities, $5.5 million for juvenile services, and more audit and contingency funding, while GOP leaders warn the Blueprint education plan could outstrip available funds next year.