Aug. 22, 2013
Citing the benefits to Maryland families, small businesses, and tourism overall, Maryland comptroller Peter Franchot released this week an economic impact report completed by the Bureau of Revenue Estimates regarding a post Labor Day start date for all Maryland public schools.
Alongside Ocean City mayor Richard Meehan, Senator James N. Mathias Jr., and numerous members of the local business community, Franchot announced that a delayed school start in Maryland would result in an additional $74.3 million in direct economic activity, including $3.7 million in new wages, and a separate $7.7 million in state and local revenue.
“The chance for families to spend precious time together and to build lifelong memories during that final, end-of-summer vacation has been lost by the decision to begin school a week, or even 10 days, before Labor Day,” said Franchot. “Not only does this cut into the opportunity for Marylanders to spend more time together as a family, but it also has a negative impact on small businesses. In these tough economic times, we need to do all that we can to support small businesses and promote economic activity, not cause unnecessary harm to them for no apparent reason.”
With Maryland having nationally renowned vacation destinations like Ocean City, Deep Creek Lake, and Baltimore’s Inner Harbor, tourism is the fourth largest industry in the state. With Maryland welcoming over 32 million domestic travelers annually in recent years, the tourism sector employs more than 340,000 Marylanders.
While Labor Day weekend in Maryland is most commonly associated with family trips to resort destinations, it also coincides with other major events occurring throughout the state, including the Maryland State Fair in Timonium, the Grand Prix of Baltimore, and four weeknight home games at Oriole Park at Camden Yards.
Instead of reducing the 180-day school year, Franchot says he is confident that the state’s school systems would be able to adjust their calendars throughout the academic year without losing time for instruction in the classroom. The flexibility of adjusting winter and spring breaks or eliminating some of the school closure dates scattered throughout the school calendar would be left to each of Maryland’s 24 school systems, he said.
“This isn’t just necessary because of the $7.7 million in state and local tax revenue it would create for the priorities we care about, or the $74.3 million in direct economic activity it would generate in the midst of a sluggish recovery,” said Franchot. “Beyond the money or economic impact, it’s about Maryland families who save up a little each paycheck in order to spend one week each year in Ocean City or Deep Creek Lake, or catch an Orioles game, or visit the Maryland State Fair before the children return to school.”
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Jay Ferguson
Who I Am
My name is Jay Ferguson, and I am a lifelong resident of the Deep Creek Lake area. I am also co-owner of the real estate side of Taylor Made. I have been in the real estate business for 21+ years now and I LOVE what I do! I have to say, my career really took off when I co-founded the real estate side of Taylor Made in 2014. Its been an amazing experience, building a real estate company from the ground up and achieving so much so quickly! In August 2016, we purchased Long & Foster Real Estate Deep Creek, where I had started my career in 2000. In 2018, we on-boarded virtually every agent from Coldwell Banker Deep Creek Realty as they closed up shop and the real estate family grew even more! We now have over 40 sales agents and have expanded to West Virginia and Pennsylvania, as well. Taylor Made is the #1 vacation rental company at Deep Creek with over 475 vacation rental homes, and over one hundred thousand yearly visitors. Its amazing what we have accomplished using the principles of honesty, teamwork and customer service!
Personally, my wife Jessica and I enjoy traveling and especially spending time in the outdoors, hiking and exploring the many diverse areas that Garrett County is naturally blessed with. We have raised two wonderful children here, Kayleah (22) and Noah (13). In the summer, we love spending time on the water with friends & family and enjoying the lake life! We are both active in our church, our community & local school activities, and we fill our schedule with plenty of volunteer efforts. I currently serve on the board of directors for Habitat for Humanity. I am proud to say that I was named Deep Creek Time’s Favorite ‘Community Champion’ in 2019. I was also named Garrett County Realtor of the Year in 2018-19, as well.
I really enjoy promoting my hometown. I am very proud of the resort area that has developed over my lifetime and look forward to growing the area even more! Deep Creek Lake has been described as ‘The Lake Tahoe of the east', and I think that speaks volumes about the potential to own property here! Deep Creek Lake isn't really a town or city by itself; it's comprised of three towns: Oakland, Swanton & McHenry, Maryland. I am very passionate about my hometown and am impressed with how many people know about it as we travel around the country. Deep Creek Lake is an amazing place to visit and even better place to live! During the pandemic in 2020, our market exploded and more and more people left their primary residence in the city to live here permanently. With distance learning in schools and tele-commuting becoming the ‘norm’, many more people were drawn to the area to ‘live where they love to play’.
Why You Want Me Working for You: In addition to being an owner, I am consistently one of the top-producing agents in the entire area and the Associate Broker of record for Taylor-Made Deep Creek Vacations & Sales. I have 21+ years of experience and I am a problem solver. There aren’t many situations that I have not encountered and I have a strategy for almost every scenario that you may encounter. I
have extensively trained in all areas of real estate & emerging technologies, and also have trained as an appraiser, as well as served as a full-time Broker. I have a strong knowledge of the industry, as well as many trusted local contacts & affiliations that allow me to perform at a very high level and deliver results. I have a great deal of respect for my peers in this industry and have strong working relationships that I would love to put to work for you.
Call me to discuss your situation - I know I can be of great service to you & others you care about!
Honesty. Integrity. Results.
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