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Maryland State Wire

Saturday, November 23, 2024

Maryland Technology Development Corporation spent $203,165,389 since 2008

Money 05

Maryland Technology Development Corporation reported spending $9,365,357 - 51 percent - more in 2017 than it did 10 years ago, according to a Maryland State Wire analysis of state purchasing records.

The Department of Budget and Management publishes all payments made by public agencies in each fiscal year, with data available for fiscal years 2008 through 2017. Vendors include private businesses, local governments, non-profit organizations, and individuals.

Maryland Technology Development Corporation reported 10 purchases in the last 10 years, with total purchases totaling $203,165,389.

Maryland Technology Development Corporation purchases
Year
Total Annual Spending
Year-over-year change (%)
2008
$18,354,707
2009
$14,259,098
-22.3
2010
$19,177,582
34.5
2011
$19,212,992
0.2
2012
$26,677,108
38.9
2013
$7,265,389
-72.8
2014
$22,715,565
212.7
2015
$20,825,151
-8.3
2016
$26,957,733
29.4
2017
$27,720,064
2.8

Source: Department of Budget and Management

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