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Early accord on state tax revenue points to 2.7% growth

Jan 02, 2019 - The Boston Globe

State budget writers agreed Monday to build their fiscal year 2020 plans on the assumption that state tax revenues will grow by 2.7 percent over the current fiscal year.

Governor Charlie Baker's budget chief and leaders of the House and Senate Ways and Means committees detailed an accord on how much tax revenue the state expects to collect in fiscal 2020, which begins July 1. Officials also upgraded their expectations for tax revenue in fiscal 2019, increasing the total by $200 million, to...