December 11, 2013
PUBLIC FINANCE > Budget > FY 2014

MTF Forecast: Modest Growth in Tax Revenues in 2014 and 2015

Tax revenues will grow by $1.1 billion, or 4.7 percent, to $24.37 billion in fiscal 2015, continuing the trend of modest growth yet still below that of previous economic recoveries, according to a new forecast released today by the Massachusetts Taxpayers Foundation. “Despite an improving economic picture, the 2015 budget will challenge lawmakers once again,” Widmer said.