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Healey outlines plan to pay mounting family shelter costs

Administration officials say they can keep the shelter system running without making other budget cuts by tapping surplus funds. ....

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Editorial: Will spendthrift lawmakers bend to fiscal realities?

With the state’s revenue gravy train jumping the tracks, will the lawmakers curb their spending appetite and finally exercise some fiscal restraint? Beacon Hill’s deteriorating financial picture took another turn for the worse on Tuesday with the report that tax receipts in November again failed to meet expectations, leaving the state’s collections significantly below fiscal […] ....

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Massachusetts revenues plunge as spending soars

Beacon Hill’s growing financial headache got worse when the Healey administration reported that tax collections tumbled in November, putting the state’s revenue picture about $627 million below the projection for this point in the year. The Department of Revenue announced it collected $2.253 billion in taxes last month, which was $131 million or 5.5% less […] ....

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New revenue forecasts may leave state budget gap

The Massachusetts economy and state tax revenues are expected to see “moderate growth” and Beacon Hill can expect to make further adjustments following record-high collections in the immediate post-pandemic years. ....

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Massachusetts tax revenues miss November target by 10.9 percent, now trailing fiscal 2024 projection by $627 million

Beacon Hill s growing financial headache got worse Tuesday when the Healey administration reported that tax collections tumbled in November, putting the state s revenue picture about $627 million below the projection ....

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