Maine revenues exceeding revised projections
Administrative and Financial Services Commissioner Kirsten Figueroa credited utilization of relief funding and success in battling COVID-19 among the reasons for revenue being on “relatively stable footing.”
Published: Feb. 25, 2021 at 2:53 PM EST
AUGUSTA, Maine (AP) - Officials say Maine’s revenues surpassed the state’s revised projections by 25% in January and are running 6.6% ahead for the first seven months of the fiscal year.
Administrative and Financial Services Commissioner Kirsten Figueroa credited utilization of relief funding and success in battling COVID-19 among the reasons for revenue being on “relatively stable footing.”
She said the revenue figures a promising but she said the agency is being cautious and monitoring developments.
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