• January 14 2016

FY 2017 Tax Revenue Agreement Reached

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Today, the Executive Office of Administration & Finance (ANF) and the House and Senate Committees on Ways and Means announced that the FY 2017 state budget will be built on $26.860 billion in tax revenues. This consensus figure, which assumes 4.3% growth over an updated FY 2016 tax benchmark of $25.751 billion, is the first milestone in the FY 2017 budget process.