State tax revenues for fiscal 2011 will total $18.953 billion, a $674 million increase over the fiscal 2010 revised benchmark, according to a new forecast today by the Massachusetts Taxpayers Foundation.
MTF President Michael J. Widmer, who presented the forecast at the annual consensus revenue hearing, said, "Even with this revenue growth, the state faces an estimated $3 billion structural deficit in fiscal 2011."
State tax revenues likely to collapse an unprecedented $3.1 billion from fiscal 2008, according to a new revenue forecast released today by the Foundation.
Links:
[1] http://www.masstaxpayers.org/revenue
[2] http://www.masstaxpayers.org/publications/public_finance/revenue/20091216/mtf_forecast_limited_revenue_growth_fiscal_2011_large_s
[3] http://www.masstaxpayers.org/files/Revenue Forecast.pdf
[4] http://www.masstaxpayers.org/publications/public_finance/budget/fy_2010/20091009/mtf_forecast_fiscal_2010_revenues_600_million_be
[5] http://www.masstaxpayers.org/files/revenue forecast with header_oct_09.pdf
[6] http://www.masstaxpayers.org/publications/public_finance/budget/fy_2010/20090505/new_revenue_forecast
[7] http://www.masstaxpayers.org/files/revenue forecast.PDF
[8] http://www.masstaxpayers.org/publications/public_finance/budget/fy_2010/20081215/mtf_forecast_dramatic_drop_revenues_fiscal_2009_
[9] http://www.masstaxpayers.org/files/Economic forecast.pdf
[10] http://www.masstaxpayers.org/publications/public_finance/budget/fy_2009/20071201/mtf_revenue_forecast_reasonable_growth_2008_smal
[11] http://www.masstaxpayers.org/files/MTF Revenue Forcast 08 and 09 News Release.pdf
[12] http://www.masstaxpayers.org/publications/public_finance/budget/fy_2008/20070101/mtf_forecast_sharp_slowdown_growth_tax_revenues
[13] http://www.masstaxpayers.org/files/MTF Revenue Forecast 07 and 08 Bulletin.pdf
[14] http://www.masstaxpayers.org/publications/public_finance/budget/fy_pre2008/20051201/mtf_forecast_slowing_revenue_growth_2006_and_
[15] http://www.masstaxpayers.org/files/MTF Revenue Forecast 06 and 07 Bulletin.pdf
[16] http://www.masstaxpayers.org/publications/public_finance/revenue/20030101/mtf_forecast_revenue_shortfall_2003_weak_growth_2004
[17] http://www.masstaxpayers.org/files/MTF Revenue Forecast 03 and 04 Bulletin.pdf
[18] http://www.masstaxpayers.org/publications/public_finance/revenue/20020301/mtf_forecast_flat_revenues_2003_following_18_billion_de
[19] http://www.masstaxpayers.org/files/MTF Revenue Forecast 02 and 03 Bulletin.pdf
[20] http://www.masstaxpayers.org/publications/public_finance/budget/fy_pre2008/20010901/budget_stalemate_declining_revenues_pose_seri
[21] http://www.masstaxpayers.org/files/MTF 2002 Revenue Shortfall News Release.pdf
[22] http://www.masstaxpayers.org/publications/10?page=1