Baltimore could face $1.8B budget deficit over 10 years, finance officials project

If current economic trends and spending levels continue, Baltimore could face a cumulative budget shortfall of $1.8 billion over the next decade. That was the sobering message city finance officials gave to City Council members at a budget hearing Thursday. “That’s a scary picture,” Council President Nick Mosby said, looking at a chart depicting how the projected deficit could balloon between now and 2034.