Gov. Martin O’Malley released excerpts of his final State of the State speech Thursday morning. His address to a joint session of the Maryland General Assembly begins at noon and will be live streamed at baltimoresun.com.

Below are the excerpts O'Malley's office released to the press:

The O'Malley-Brown Administration has used the challenge of these times to make our government more efficient, and more effective.

We have cut spending by $9.1 billion.

We have made more cuts than any administration in modern Maryland history.

Today, we now have the smallest executive branch since 1973—and the budget I presented to you last week, puts us on a track to totally eliminate that structural deficit without the need for any new fees or taxes.

We remain one of only seven states that has maintained a triple-A bond rating all through the recession, and to this day.

We have built up our Rainy Day Fund to $800 million dollars, and we have placed, this year in our general reserve, an operating surplus of $37 million dollars.

Seven years ago—in response to the desires of our people—we set out to govern in a fundamentally different way.

Setting goals. Measuring performance. Hitting deadlines. Getting Results. Making the work of progress visible for you to see, and for me to see.

Every day, the test of any policy, action, or expenditure, has been whether or not it is actually working—working to produce the intended results.

This generation wants its government to be accountable for its action, and accountable for the results we seek.

Today in Maryland, you can go online right now, and see the 16 strategic goals we have set for our State's progress, in the areas of job creation, education, security, sustainability, and health.

On some of these, we’ve already exceeded our initial goals. On others, we're making progress. And on a few, we have a longer way to go.

Progress requires accountability.

But accountability means putting your commitment out there, for all of us to know and see, and hopefully to help drive.

We also have the chance, this session, to come together, forge consensus, and raise the minimum wage in Maryland.