State Fiscal 2021 Budget Facing Steep Revenue Decline (VIDEO)

Keith Thibault April 24, 2020 Comments Off on State Fiscal 2021 Budget Facing Steep Revenue Decline (VIDEO)

States across the country will soon be facing a financial reality check due to the effects of dealing with COVID-19.  Massachusetts will be no different.

With the lack of tax collections with businesses and other sources offline, the projections for the FY 2021 budget are beginning to look grim.  State Representative Paul Schmid says the House has begun deliberations on the new spending plan, with the initial reports depicting a dire revenue picture.

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