December 04, 2023
PUBLIC FINANCE > Budget > FY 2025

Tax revenue will likely fall short of forecasts by more than half a billion

Matthew Medsger ,

The Boston Herald

That’s actually a conservative number. According to revenue forecasts prepared by the nonpartisan Massachusetts Taxpayers Foundation, when excluding the surtax takings, the state will end the fiscal year close to $880 million shy of its own revenue predictions.