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State tax revenue rebounds in May, but state still lagging projections by roughly $600 million

Por: The Boston Globe Politics June 05, 2023

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A month after state tax revenues cratered, Massachusetts officials said they collected hundreds of millions more in May than a year ago, topping their own projections for the month and narrowing a potential budget gap with weeks left in the fiscal year.The $2.7 billion the state collected last month actually beat projections by about $169 million, state revenue officials said, and topped collections from May 2022 by roughly $230 million.Even... + full article



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