Re: Court Officers get 10% -- S.B.C.C.

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Subject: Re: Court Officers get 10%

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a

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Date Posted: 19:24:31 07/19/11 Tue
In reply to: Court Officers get 10% 's message, "Court Officers get 10%" on 19:43:32 06/05/11 Sun

BOSTON � Massachusetts tax collections for the fiscal year that ended June 30 exceeded projections by $723 million, leaving the state with an apparently significant surplus despite continued economic uncertainty.

State officials reported Tuesday that preliminary revenue estimates for the 12-month period were just above $20.5 billion, a 10.6 percent increase _ nearly $2 billion _ more than the previous fiscal year.

Revenue Commissioner Navjeet Bal credited a stronger economy combined with a large boost in capital gains receipts.

The surplus has prompted calls for restoring cuts in programs that occurred during the economic downturn, and a slight cut in the state income tax.

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