Maryland Million 2025. General fund spending totals $25.8. 2—maryland has paid $5.4 million to the internal revenue service after a rare irs audit of the state found it owed millions of dollars in.
On january 17, maryland governor wes moore released a $63.1 billion all funds budget for fiscal 2025, a decrease of 2.0 percent compared to fiscal 2024. The governor’s fy 2025 budget proposal shrinks the state’s structural deficit by 34 percent, keeps the rainy day fund balance at 9.4 percent, and flips the state’s projected cash.