Maryland closes 2023 fiscal year with $555M budget surplus

In light of Gov. Wes Moore foreshadowing budget shortfalls last month, Comptroller Brooke Lierman announced Monday morning that Maryland will move into its next budget season with a $555 million surplus. “I feel very positive,” Lierman, a Democrat, said in an interview Monday morning. “I think the Moore administration, my team and the General Assembly are all really laser-focused on ensuring that we are making sound investments that will yield positive results for years and years to come.”