Thursday, December 6, 2018

FY20 Joint Hearing on revenue in the press

I'd recommend starting with Katie Lannan's coverage for State House News Service, found here.
Despite a strong economy, last year’s $1 billion budget surplus, and revenue collections that are outperforming expectations so far this year, the potential for an economic slowdown and future recession loomed as the budget-writing process for next fiscal year kicked off on Wednesday.
You can also check Mike Deehan's coverage at WGBH.
It is projected at this point that the state's tax rate will come down next year.
The question of the state's bond rating--which impacts building schools--is covered in this bit about the Treasurer.
And for those asking, didn't we have a new source of revenue, here's that coverage.

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