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Revenue Forecasting Committee Projects 9.7 Percent Increase in Revenues for FY 22-23 Biennium

November 23, 2021

Revenue Forecasting Committee Projects 9.7 Percent Increase in Revenues for FY 22-23 Biennium

Prudent fiscal administration, Federal pandemic aid, and rising costs are anticipated to extend receipts to the State’s Common Fund even within the face of flat tax charges Following its assembly right now, Maine’s nonpartisan Income Forecasting Committee (RFC) is predicted to improve the State’s Common Fund income forecast by roughly $822 million for Fiscal Years […]

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