Peter Franchot

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ANNAPOLIS, Md. (AP) - Maryland revenue estimates have been revised down by $51.4 million for fiscal years 2016 and 2017.

The state's Board of Revenue Estimates announced the revisions Wednesday. Officials say the less-than-expected revenue indicates consumers are still being cautious.

Comptroller Peter Franchot says the state continues to see "lackluster growth in wages and minimal growth in high-paying jobs." He says "very weak sales" during the holiday shopping season are part of the reason for the revenue drop off.

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CAMBRIDGE, Md. (AP) - The Eastern Shore Innovation Center is opening.

Comptroller Peter Franchot is scheduled to speak Monday at the facility.

The new 13,500-square-foot facility is designed to spur economic development in the region through high-growth entrepreneurship and innovative practices.

The $2.4 million project was funded by the Maryland Department of Commerce, the Maryland Technology Development Corporation and Dorchester County.

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ANNAPOLIS, Md. (AP) - Comptroller Peter Franchot will discuss ongoing efforts to fight tax fraud and identity theft at tax preparation businesses.

Franchot is holding a forum on Friday in Annapolis.

Since the end of January, the comptroller's office has suspended processing of electronic and paper tax returns from 23 Liberty Tax Service franchises and from 14 private tax preparers at 18 locations due to a high volume of questionable returns received.

Don Rush

BALTIMORE (AP) - Maryland has stopped processing tax returns from 16 more Liberty Tax Service franchises over questionable returns.

Comptroller Peter Franchot said in a news release on Tuesday that his office has also suspended processing of returns from three private tax preparers. The comptroller said last week that his office had stopped processing tax returns from seven Liberty franchises.

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ANNAPOLIS, Md. (AP) - Comptroller Peter Franchot says Maryland needs to strengthen its laws to fight rising cases of tax fraud.

Franchot said Tuesday he will ask lawmakers in the upcoming session to improve his agency's ability to enforce the tax code and protect taxpayers from identity theft. He says legislation is needed to keep up with "rapidly-increasing fraud schemes and fast-changing threats to sensitive data."

msa.maryland.gov

ANNAPOLIS, Md. (AP) - A Maryland board has approved a wetlands license needed to build more than 1,000 homes for senior citizens on Kent Island.

The Board of Public Works voted 2-1 Wednesday for a license needed for the Four Seasons development, a project that has sparked debate for years.

Lt. Gov. Boyd Rutherford and Treasurer Nancy Kopp voted for it.

Don Rush

A big crowd that included state and local leaders showed up for the swearing of Salisbury Mayor Jake Day and the newly elected city council members last night at the Cypress Street Fire Station.

creative commons

With the terrorist attacks on Paris last week that saw around 130 people killed many others injured many are trying to take in the meaning the events. Delmarva Public Radio's Don Rush spoke with local officials to get their reactions and their concerns.

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ANNAPOLIS, Md. (AP) - Maryland Gov. Larry Hogan and Comptroller Peter Franchot are urging state residents who paid income taxes in another state between 2011 and 2014 to apply for a tax refund against the county portion of their income taxes.

The Republican governor and the Democratic comptroller made the announcement Monday.

Hogan says an estimated 55,000 taxpayers are eligible, due to a Supreme Court ruling earlier this year. Hogan says it could add up to more than $200 million.

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ANNAPOLIS, Md. (AP) - A Maryland board has revised the state's revenue estimates up by $212 million for fiscal years 2016 and 2017.

The Maryland Board of Revenue Estimates approved the estimates Monday. The estimates went up $80.6 million for fiscal year 2016, which began in July. Revenue estimates increased $131.6 million for fiscal year 2017.

The revisions come after Maryland ended fiscal year 2015 with a fund balance of $295 million.

msa.maryland.gov

ANNAPOLIS, Md. (AP) - The Maryland Board of Public Works has delayed its consideration of whether to abolish 63 positions in the state's Department of Public Safety and Correctional Services.

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ANNAPOLIS, Md. (AP) - The Maryland Board of Public Works is scheduled to consider whether to abolish 63 positions in the state's Department of Public Safety and Correctional Services.

The board, which includes Gov. Larry Hogan, Treasurer Nancy Kopp and Comptroller Peter Franchot, is scheduled to take up the proposal on Wednesday.

Hogan, a Republican, made the proposal to the board to save roughly $3 million.

The proposal was delayed at the board's last meeting at the comptroller's request to provide more time for review.

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BALTIMORE (AP) - Comptroller Peter Franchot is highlighting the upcoming tax-free week in Maryland.

Franchot will be in Baltimore to meet with retailers and local officials to discuss Shop Maryland Tax-Free Week.

It begins Sunday and runs through Aug. 15.

Qualifying clothing and foot wear prices $100 or less will be exempt from Maryland's 6 percent sales tax.

Franchot will be promoting the upcoming tax-free week at various events throughout the week in Queenstown, Annapolis, Bethesda and Waldorf.

governor.maryland.gov

ANNAPOLIS, Md. (AP) - The Maryland Board of Public Works has delayed a vote on whether to abolish 63 positions in the state's Department of Public Safety and Correctional Services.
 
Gov. Larry Hogan made the proposal to the board, which considered it at Thursday's meeting in Annapolis.
 
Abolishing the positions would take a majority vote of the three-member board. The members include Hogan, Comptroller Peter Franchot and Treasurer Nancy Kopp.
 

palcohol website

The new alcohol is now coming in a powdered form.

And Maryland officials aim to keep it from being sold in the state.

Comptroller Peter Franchot has already gotten an agreement from distributors and wholesalers not to offer the powdered form.

But the sale of Palcohol is still legal in the state.

So, Maryland lawmakers are considering a ban on the powdered stuff with one piece of legislation calling for a two year moratorium.

Legislators say the accessibility to powdered alcohol could encourage  children to try it.

"Let Summer Be Summer"

Mar 12, 2015
Don Rush

Could students begin to start the school term a little later in the year?

Yes, says Maryland State Comptroller Peter Franchot who backs the initiative known as Let Summer Be Summer.

The state official was up before a state Senate committee hearing yesterday for legislation that would have all Maryland school begins the fall semester after Labor Day.

The petition has more than 13-thousand signatures including Governor Larry Hogan.

Backers hope that the later date would help generate an additional $74 million in revenue.

Don Rush

ANNAPOLIS, Md. (AP) - New revenue estimates for the state of Maryland won't require a downward adjustment of projections, but there aren't any extra dollars, either.

The Maryland Board of Revenue Estimates released unchanged revenue estimates on Wednesday.

Board members say that's positive compared to the last two revisions last year, which required them to note Maryland didn't bring in as much revenue as they had projected.

General fund revenues are expected to be about $15.7 billion for fiscal year 2015 and $16.2 billion for fiscal year 2016.

Don Rush

ANNAPOLIS, Md. (AP) - A Maryland lawmaker says he will introduce a bill to start Maryland public schools after Labor Day.

Sen. James Mathias, a Worcester Democrat, made the announcement at a Thursday news conference with Comptroller Peter Franchot and Gov.-elect Larry Hogan, who both support the idea. Ocean City Mayor Richard Meehan also appeared at the Annapolis news conference to support the later start date.

Supporters say prolonging summer vacation by between five and 10 days would create more family time and help Maryland businesses.

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ANNAPOLIS, Md. (AP) - Comptroller Peter Franchot is scheduled to announce results of a petition drive gauging support for starting Maryland public schools after Labor Day.

Franchot is scheduled to hold a news conference Thursday with Gov.-elect Larry Hogan, state Sen. James Mathias and Ocean City Mayor Richard Meehan.

A state task force recommended in May that schools delay opening until after Labor Day, while continuing to end by the current time in mid-June. The task force voted 11-4 in favor of the later start date.

Don Rush

ANNAPOLIS, Md. (AP) - Gov. Martin O'Malley is bringing a proposal to the Board of Public Works to address more than $400 million of a budget shortfall.

The outgoing Democratic governor is planning to bring about $211 million in spending reductions to the board Wednesday morning. The plan also includes about $199 million in fund transfers and revenues to help fill the gap.

Jeff Kubina / Creative Commons

ANNAPOLIS, Md. (AP) - The Maryland Board of Public Works has approved a contract renewal for the state to spend up to $200 million to lease and maintain slot machines over five years.

The board voted 2-1 Wednesday, with Gov. Martin O'Malley and Treasurer Nancy Kopp voting in favor of the renewal. Comptroller Peter Franchot voted against it.

Maryland law initially required the state to own slot machines at the state's five casinos. However, the law was changed in 2012.

Next March, three of the state's casinos will acquire their own slot machines.

msa.gov

TIMONIUM, Md. (AP) - The Maryland State Fair will receive the 2014 William Donald Schaefer Helping People Award.

State Comptroller Peter Franchot will present the award to Howard "Max" Mosner, the president and general manager of the fair, on Friday.

The award, now in its third year, is presented to an individual or organization in each county in Maryland that exemplifies the former governor's lifelong commitment to helping people.

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ANNAPOLIS, Md. (AP) - Maryland Comptroller Peter Franchot is planning to launch a petition drive to persuade lawmakers to delay the opening of public schools until after Labor Day.

The Washington Post reports that Franchot is planning an event Thursday on the Ocean City boardwalk to kick off a "Let Summer Be Summer" campaign.

Franchot's aim is to collect 10,000 signatures before Maryland lawmakers reconvene in January.

dominion resources website

ANNAPOLIS, Md. (AP) - The Maryland Board of Public Works has approved a wetlands license for Dominion Resources to build a liquefied natural gas export facility in Calvert County.

The board voted 3-0 on Wednesday for the license to enable Dominion Resources to build a pier on the Patuxent River. The company needs the pier to bring in equipment to build the facility.

Richmond, Virginia-based Dominion wants to build the $3.8 billion project at its existing Cove Point terminal on the Chesapeake Bay.

Don Rush

ANNAPOLIS, Md. (AP) - The Maryland Board of Public Works has voted to cut about $77 million from the state budget to address underperforming state revenues.

The board voted 3-0 on Wednesday for the cuts.

The board, which includes Gov. Martin O'Malley, Comptroller Peter Franchot and Treasurer Nancy Kopp, also approved about $7 million in fund transfers to make up for less-than-expected revenue.

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Despite the nation gaining back all of the jobs it lost since the beginning of the Great Recession, Maryland Comptroller Peter Franchot says there could a major budget shortfall by September. The Comptroller stopped by the studios of Delmarva Public Radio after attending the meeting of the Maryland Municipal League in Ocean City this week to explain his concerns about the future financial health of the state. 

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Maryland state Comptroller Peter Franchot says Governor Martin O’Malley should veto legislation that would delay the construction of the wind turbine project in Somerset County by more than a year.

Franchot said the delay would have a profound impact on the local economy of one of the poorest counties in the state.

He pointed to more than 500 construction jobs, $44 million in tax revenues and $200 million in revenue from new investment.

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SALISBURY, Md. (AP) - Members of Delaware's congressional delegation are joining in an annual celebration of the Delmarva region's poultry industry.

U.S. Sens. Tom Carper and Chris Coons both planned to attend the 58th annual Delmarva Poultry Industry banquet in Salisbury, Md. on Wednesday.

The event, sponsored by Delmarva Poultry Industry Inc., honors the region's chicken farmers and other members of the poultry industry.

Maryland comptroller general Peter Franchot also was expected to attend the evening event at the Wicomico Youth and Civic Center.

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SALISBURY, Md. (AP) - Members of Delaware's congressional delegation are joining in an annual celebration of the Delmarva region's poultry industry.

U.S. Sens. Tom Carper and Chris Coons both planned to attend the 58th annual Delmarva Poultry Industry banquet in Salisbury, Md. on Wednesday.

The event, sponsored by Delmarva Poultry Industry Inc., honors the region's chicken farmers and other members of the poultry industry.

Maryland comptroller general Peter Franchot also was expected to attend the evening event at the Wicomico Youth and Civic Center.

Don Rush

ANNAPOLIS, Md. (AP) - Maryland officials have revised the state's revenues down by about $238 million.

The Maryland Board of Revenue Estimates released the revised numbers on Thursday.

Revenue projections are down $127 million for the current fiscal year. They have been revised downward by about $111 million for fiscal year 2015.

Comptroller Peter Franchot, the board chairman, says much of downward revision reflects poor economic and revenue performance in the fourth quarter of 2013, rather than the state's revenue outlook moving forward.

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