Budget Process

Timetable

Maryland’s budget process is a year-round activity.  The budget process for fiscal year 2009 began in the summer of 2007.  The following chart summarizes the budget timetable.

 

 

Executive Branch

Legislative Branch

PreviousSummer

 

Department of Budget and Management (DBM) sends budget instructions and request targets to agencies.

Agencies prepare budget requests.

Special studies and oversight activities

August - September

Agencies submit budget requests to DBM.

 

Fall

DBM, the Governor, and Governor’s staff meets with agencies to review budget requests.

 

Spending Affordability Committee meets to review state economy and finances.   Department of Legislative Services (DLS) prepares “baseline budget” for forecasting and comparison purposes.

December

Board of Revenue Estimates issues official revenue estimates.

Governor makes final budget decisions.

DBM prepares budget for printing.

Spending Affordability Committee issues recommendation.

As budgets are finalized, DLS begins review and analysis.

January (8th day of legislative session)

Governor submits balanced budget to legislature

 

January - March

State agencies and DBM respond to issues and recommendations DLS analysis and answer legislators’ questions about budget and programs.

Governor may introduce supplemental budgets.

DLS completes detailed analysis of each agency budget.

Senate and House Subcommittees hold hearings.

Subcommittees and committees make decisions on budget actions.  Committees report recommendations to the Senate and House.  Each House passes its version of the budget.  A conference committee of Senators and Delegates resolve differences.

83rd day of session (usually early April)

 

Constitutional target for final legislative action on operating budget.

April-June

DBM revises detailed data to reflect legislative action.

Comptroller sets up state’s accounts for new fiscal year.

Budget Committees issue “Joint Chairmen’s Report” (“JCR”), which explains legislative action and requests various reports and other information from state agencies.

July 1

Fiscal year begins

 

June 30, following year

Fiscal year ends

 

 

 


Much material in this section is drawn from Maryland’s Budget Process:  Legislative Handbook Series Volume IV 2006, Annapolis: Department of Legislative Services.