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Baltimore City Council Considers Largest Capital Budget in 20 Years

Summary by Capital Gazette
At a time of economic uncertainty, Baltimore is considering a $932-million capital budget for the 2026 fiscal year, its largest investment in more than two decades. The capital budget includes $125 million in borrowed funds for housing, school projects and city parks — a political and financial gamble for Mayor Brandon Scott, taking on new debt while grappling with federal government cuts. Scott’s office did not immediately respond to a question…

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The Baltimore Banner broke the news in on Thursday, May 29, 2025.
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