April 01, 2020
PUBLIC FINANCE > Budget > FY 2021

State budget writers are starting over

Shira Schoenberg ,

Commonwealth Magazine

The Massachusetts Taxpayers Foundation estimated the revenue shortfall in the current fiscal year will be between $300 million and $500 million, while the Center for State Policy Analysis pegged it at between $500 million and $750 million. Both organizations said the shortfall could exceed $2 billion in fiscal 2021.