ANNAPOLIS, Md. (AP) — The Maryland Board of Public Works approved an $84 million plan on the second day of the fiscal year Wednesday to address state revenues that are underperforming.
The board includes Gov. Martin O’Malley, Comptroller Peter Franchot and Treasurer Nancy Kopp. It voted 3-0 for about $77 million in spending reductions and $7 million in fund transfers to get an early start on making up for the shortfall.
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