TOWSON, Md. - Officials in Baltimore County are being warned that the county's budget needs to have flexibility built in to prepare for teacher pension costs that could be passed on to local governments.
The Baltimore Sun reports that Tom Quirk, who is the chairman of the county's spending affordability committee, said Tuesday that Gov. Martin O'Malley's proposal to shift some of those costs is a major uncertain factor in the county's fiscal situation ( http://bsun.md/w10ITZ). The panel has decided to cap the county budget for the upcoming fiscal year at $1.64 billion, which would be an increase of about $47.5 million.
It is not clear how much of the pension costs the county would have to absorb.
Information from: The Baltimore Sun, http://www.baltimoresun.com
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