More Stimulus Money Not Definite for Maryland: Analyst

By BRIAN WITTE
|  Monday, Jan 25, 2010  |  Updated 7:45 PM EDT
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More Stimulus Money Not Definite for Maryland: Analyst

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A top Maryland budget analyst is advising lawmakers that $389 million in added stimulus money assumed in the state budget may not materialize.

Warren Deschenaux, who is the director of the nonpartisan agency that reviews state fiscal matters, said there's enough cash on hand to make up for the gap if the money isn't approved by Congress.

Maryland could fill the hole with $274 million in fund balance left in the governor's budget, he said.

That would leave a $115 million hole, which could be taken care of by using some of the state's $635 million Rainy Day Fund, Deschenaux said.

We're guessing Deschenaux's got the top score on the Maryland budget video game.

O'Malley released his $13 billion budget proposal last week.

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