ANNAPOLIS, Md. (AP) - A top Maryland budget analyst is encouraging lawmakers to create a greater budget cushion than one included in Gov. Martin O'Malley's budget plan.
Warren Deschenaux said Monday lawmakers should aim to create a fund balance of about $100 million for the next fiscal year. He says the budget submitted by O'Malley last week has about a $30-million cushion.
That's above the state's Rainy Day Fund of about $800 million, but lawmakers and analysts always aim to have that money safely set aside without needing to be tapped.