County In Line for $7M in School Construction Money from Alcohol Tax
Baltimore County could stand to gain an additional $7 million in school construction funding in a compromise that would increase the state’s sales and use tax on alcohol.
The complicated deal, which will require that both a House and Senate version be passed together, calls for increasing the tax on alcohol from 6 to 9 percent in one year rather than a 1 percent increase each year through 2014.
The 3 percent increase will add $89 million to state coffers. Of that, about $47.5 million in the first year will go to school construction projects around the state.
Read more about it and see a chart breaking down where the money will go on my Insider Politics Blog on Patch.