Fiscal 2020 Budget Passes

Baltimore's City Council passed the Fiscal 2020 budget on June 11 and the budget was signed by Mayor Young on June 17. The budget will go into effect on July 1, 2019. The budget totals $3.55 billion across all funding sources, including $2.9 billion for operating expenses and $627.5 million for capital investment. The General Fund budget totals $1.9 billion, a 3.2% increase from the Fiscal 2019 Adopted Budget.

You can learn more about the budget by viewing our publications.

 

Related Stories

2022 First Quarter Economic Indicator Report Available

Baltimore's Economic Indicator Report for First Quarter of 2022 is now available, with updates on the economic landscape

Fiscal 2023 Executive Summary Introduced to BOE

The Fiscal 2023 Executive Summary was released this morning and the Board of Estimates passed the Fiscal 2023 Ordinance of Estimates.

Fiscal 2023 Preliminary Budget Available Online

The Department of Finance officially transmitted the Fiscal 2023 Preliminary Budget Plan to the Board of Estimates (BOE) this mornin