Maryland tax revenue estimates upped for 2013, 2014

Maryland state revenues are expected to increase by a combined $161 million in fiscal years 2013 and 2014, according to the latest estimates released Thursday.

The Board of Revenue Estimates forecasts Maryland will bring in $15.03 billion in revenue in fiscal 2013, which started July 1. That is an increase of 5.5 percent, or $127 million, from the $14.9 billion estimate back in September.

As for fiscal 2014, forecasters said they now expect the state to bring in $15.35 billion in fiscal 2014. That…