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Maryland's 2027 Budget Will Not Raise Taxes or Fees, Gov. Wes Moore Says
The plan closes a nearly $1.4 billion shortfall with cuts and reallocations while boosting education, law enforcement and energy spending.
- Maryland Governor Wes Moore signed the state's nearly $70.8 billion fiscal year 2027 budget on Wednesday, April 8, 2026, closing a projected $1.4 billion shortfall without raising taxes or fees.
- Senate President Bill Ferguson and House Speaker Joseline Pena-Melnyk joined Moore in finalizing the agreement after months of legislative negotiations to craft what leaders called a "statement of values and priorities."
- Under the budget, public schools receive $10.2 billion, law enforcement receives $124 million, and $100 million funds utility fee relief, while the state maintains $2.2 billion in the Rainy Day Fund.
- House Minority Leader Jason Buckel criticized the spending plan as an election-year budget failing to address structural problems, arguing it contains provisions that "any Republican" would dislike.
- Projections indicate the state's shortfall could grow to nearly $4 billion by 2030 without action, as lawmakers acknowledge upcoming "out years" will present tougher fiscal challenges ahead.
22 Articles
22 Articles
Moore signs $70.8B state budget with no new taxes and fees
Maryland Gov. Wes Moore (D) signed a balanced $70.8 billion budget for fiscal year 2027, emphasizing affordability without tax and fee hikes. The plan features significant utility relief, law enforcement funding and housing investments, despite opposition concerns regarding long-term government spending.
Maryland Gov. Wes Moore’s budget boosts utility bill relief, but critics see short-term fix
BALTIMORE — Gov. Wes Moore directed hundreds of millions of dollars toward lowering utility bills when he signed Maryland’s fiscal 2027 budget into law, drawing sharp criticism from Maryland Republicans and mixed reactions from environmental advocates.
The Center Square
Fort Wayne Business WeeklyMaryland tax burden ranks high as budget takes effect
(The Center Square) – Maryland ranks among the states with the highest tax burden in the country, as newly signed budget documents show how that revenue is being used while
Maryland already has an approved budget for the next fiscal year.After an intense legislative session marked by a $1.5 billion deficit, Governor Wes Moore signed a $70.8 billion plan that, according to the administration, protects the middle class without raising taxes.But while some celebrate immediate relief, others warn that the financial problem could only be postponed.No new taxes, but with strategic adjustmentsThe biggest point of sale of …
The governor of Maryland, Wes Moore, held a ceremony on Wednesday to enact the state budget law for 2027. “We said we were going to invest in important things,” Moore said, listing priorities such as public safety, education, and reducing energy costs. “And we said we would do it without raising taxes or fees to Maryland citizens.” “We said what we were going to do, and today we are grateful to be able to say, thanks to this collaboration, that …
Maryland Matters
Moore, legislative leaders sign $70.8 billion budget into law
Gov. Wes Moore and House Speaker Joseline Peña-Melnyk share a laugh during Wednesday's budget bill signing. It's the first budget for Peña-Melnyk after being elected speaker in December. (Photo Bryan P. Sears/Maryland Matters)Gov. Wes Moore (D) and legislative leaders declared victory Wednesday in their efforts to address affordability issues for taxpayers, as they signed a $70.8 billion budget for fiscal 2027. “This budget makes life just a lit…
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