As part of County Executive Steuart Pittman’s budget proposal for fiscal 2023, he announced in April he’d request the county council raise the rainy-day cap to 7% of the estimated General Fund, which will result in savings of about $133 million, he said. Six council members voted in favor of the increase. Allison Pickard, a Glen Burnie Democrat, was absent. Nathan Volke, a Pasadena Republican, said he was pleased to see the cap on an upward trajectory following a hike to 6% last year but said he’d like to see it increase even higher to 10%.
Anne Arundel County Council raises ceiling on rainy day fund, exempts disabled veterans from extra property taxes
June 8, 2022