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State Expecting Elevated Tax Revenues To Hold

Colin A. Young1/30/23 5:08 PM

The Healey administration and legislative budget managers agreed Monday to build their upcoming state budget plans on the assumptions that they will have $40.41 billion in general state tax revenue to spend in the budget year that begins July 1 and an additional $1 billion in revenue from the state's new high-earner surtax that can be put towards education or transportation.

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Of Interest

Senate	Thursday Formal Session Coverage
SIGNED	Healey Signs Supplemental Budget
NEW	DOR Info On New Tax Laws
K-12 School Funding	DESE FY24 Budget Summary
Senate Ways & Means	Local Road & Bridge Bill Redraft