“This budget helps to solidify the fact that this is going to be Maryland’s decade.”
MARYLAND, USA — Newly inaugurated Gov. Wes Moore announced his plans Friday for the 2024 budget, highlighting transportation and education as his areas of focus.
“Our first budget is strategic,” Gov. Moore said. “It prepares us to weather risk in the larger economy and makes historic investments to position us for our future growth and make this next decade Maryland’s decade.”
The budget for fiscal year 2024 includes a $500 million investment to the fund of the Blueprint for Maryland’s Future, which was passed by the Maryland General Assembly in 2021 to transform public education in the state into a world-class education system. The Blueprint is set to increase education funding by $3.8 billion each year over the span of 10 years.
In FY 2024 we are making historic investments in:
Education: $500M: Blueprint$8.8B: Maryland’s public schools$15M: Maryland Educator Shortage Act
Transportation:$500M: Support strategic transportation projects …