This report is under embargo until Wednesday, October 11. The report found that Maryland’s financial condition improved in 2022, but the state still needed $25.3 billion to pay its bills
Based upon the state’s latest audited financial report for fiscal year 2022, Maryland had a Taxpayer Burden of $11,400, which is the amount every taxpayer would have to contribute to get the state out of debt.
Like many states, Maryland’s economic condition improved due to federal funding for COVID relief and increased tax collections attributed to taxpayers’ pent-up tourism and purchasing demands. However, unfunded pensions and other employee retirement obligations continued to plague the state.
Don’t see anything about the ILLEGALs cost coming from MD TAX PAYERS since MD is considered a SANCTUARY STATE. How come?