Maryland's budget woes continue

State analysts forecasting $2.7 billion shortfall for next fiscal year; projected five-year deficit is “worst situation we’ve seen in the last 20 years”

Maryland’s Department of Legislative Services is projecting a $2.7 billion cash deficit for the next fiscal year ahead of the upcoming General Assembly session. As first reported by Maryland Matters, David Romans, coordinator of Fiscal and Policy Analysis, told legislators the five-year structural deficit projection of $5.7 billion in FY 2030 is the “wo…