AUGUSTA (AP) – A legislative staff analysis says key components of Maine’s General Fund revenue look hardy heading into the final two months of the fiscal year.
According to the Legislature’s Office of Fiscal and Program Review, good news on the revenue front includes corporate and individual income tax revenue exceeding revised projections.
The monthly OFPR report adds, however, that high fuel prices may have a detrimental effect on the collection of consumption-related taxes in coming months.
For the short term, though, the staff analysis suggests that the revenue picture for General Fund seems positive.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.