Governor Larry Hogan has announced that all employees across state government will receive a 4.5% cost of living increase effective November 1.

The increase is a part of a series in an effort to enhance statewide workforce recruitment and retention efforts.

According to a release from the State of Maryland, budget projections are showing that, for the second consecutive year, the state is reporting a multi-billion dollar surplus.

The release also states that Governor Hogan will leave office with $5.5 billion in reserves, a $10 billion swing in the states fiscal fortunes.... Read More: WMAR2NEWS