- Associated Press - Wednesday, April 3, 2019

BOSTON (AP) - Massachusetts is enjoying strong tax collections with revenues surging over predictions in March.

Massachusetts Revenue Commissioner Christopher Harding said Wednesday the state took in $2.67 billion during the month. That’s $316 million or 13.4% above the monthly benchmark.

It’s also $427 million or 19% more than what the state took in during March of last year.

For the fiscal year-to-date through March, the state has collected $20.2 billion. That’s $19 million - or one-tenth of one percent - more than the year-to-date estimate.

It’s also $796 million or 4.1% more than the same fiscal year-to-date period in 2018.

Harding said with about 71% of tax revenues collected for the 2019 fiscal year that ends June 31, year-to-date revenues are now essentially even with predictions for this point in the year.

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide