But this year the Bay State is expected to end the fiscal year with a tax revenue surplus of more than $3 million. The Massachusetts Taxpayers Foundation, a fiscal watchdog group, says the state has so far collected $3.95 billion more than it projected to in fiscal 2021.
June 28, 2021
FY 2022
Massachusetts lawmakers again start fiscal year without budget, passing temporary spending plan to cover costs in July
But this year the Bay State is expected to end the fiscal year with a tax revenue surplus of more than $3 million. The Massachusetts Taxpayers Foundation, a fiscal watchdog group, says the state has so far collected $3.95 billion more than it projected to in fiscal 2021.