Maryland Governor Unveils $71B Budget Plan

Gov. Wes Moore signs balanced budget with no new taxes or fees, focusing on public safety, education, and affordability

Apr. 9, 2026 at 1:28am

A serene, realistic painting of a state capitol building in warm, golden light, with deep shadows cast across the facade, conveying a sense of quiet contemplation around the state's political process.The Maryland State House in Annapolis, the site of the governor's budget signing, reflects the state's political landscape in a nostalgic, cinematic light.Baltimore Today

Maryland Governor Wes Moore signed a $71 billion state budget plan into law on Wednesday, working alongside Democratic legislative leaders. The balanced budget includes investments in law enforcement, rental assistance, utility relief, and social safety net programs like SNAP and Medicaid, without raising taxes or fees.

Why it matters

The budget reflects the new governor's policy priorities and values, marking a shift from the previous administration. It also addresses a projected $1.4 billion deficit while maintaining a $2.2 billion rainy day fund, positioning the state for fiscal stability.

The details

The budget includes $124 million for law enforcement, but ties that funding to police agencies confirming they do not have agreements to work with ICE. It also provides millions for low-income rental assistance, community revitalization, and homeownership programs. Additionally, $100 million is earmarked to help lower residents' electric bills, contingent on the passage of a utility relief bill.

  • The budget was signed into law on Wednesday, April 9, 2026.

The players

Gov. Wes Moore

The Democratic governor of Maryland who unveiled the $71 billion state budget plan.

Joseline Peña Melnyk

The Democratic Speaker of the Maryland House of Delegates, who signed the budget for the first time.

Bill Ferguson

The Democratic President of the Maryland Senate, who worked with Peña Melnyk on the budget.

Jason Buckel

The Republican Minority Leader in the Maryland House of Delegates, who criticized the budget for not addressing long-term spending issues.

Got photos? Submit your photos here. ›

What they’re saying

“We said we are going to invest in things that matter in public safety and education, and in making life more affordable for our people.”

— Gov. Wes Moore

“A budget is a spending plan, but it's really a statement of values and priorities.”

— Joseline Peña Melnyk, Maryland House Speaker

“The majority party has done nothing, pretty much nothing on affordability. They've done nothing on accountability, and they've done nothing on public safety.”

— Jason Buckel, Maryland House Republican Minority Leader

What’s next

The budget will now go into effect for the 2027 fiscal year, with the utility relief bill needing to pass in order for the $100 million in electric bill assistance to be released.

The takeaway

Governor Moore's first budget plan reflects a shift in Maryland's priorities, with a focus on public services, affordability, and fiscal responsibility. While the plan has bipartisan support, Republican leaders argue it does not address long-term spending challenges.