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Maryland lowers revenue projections following weak holiday sales

Weak holiday sales left Maryland’s budget experts writing down 2017 revenue projections by $60.6 million.

The state Board of Revenue Estimates cut its projections for the state’s fiscal year 2017 collections to $17.02 billion. The entire $60.6 million decrease was due to a significant cut in expected sales and use tax collection growth.

Read the full article from the Baltimore Business Journal.

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