Franchot calls Schaefer revenue figures inaccurate

Del. Peter Franchot, a Democrat seeking to unseat Comptroller William Donald Schaefer, said in an interview published today that “the Comptroller?s Office has underestimated revenues in ways that have seriously hurt the state.”

“In 2005, they were off by a billion dollars,” Franchot said. Based on that, state officials “made cuts and fees increases which proved to be unnecessary.”