Today S&P upgraded the rating on the Commonwealth’s Special Obligation Dedicated Tax Revenue Bonds, Series 2004 and Special Obligation Dedicated Tax Revenue Refunding Bonds, Series 2005 to “A-” (stable outlook) from “BBB+” (negative outlook). Read the full report here.
News
On May 5, 2022, the Baker-Polito Administration released its Capital Investment Plan, providing for the Commonwealth’s capital needs in Fiscal Years 2023-2027. Read more about the Capital Budget FY23 here.
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for April 2022 totaled $6.941 billion, which is $3.076 billion or 79.6% more than actual collections in April 2021, and $2.057 billion or 42.1% more than benchmark.
Find the full revenue numbers on the Department of Revenue's website.
The Comptroller of the Commonwealth William McNamara published the Commonwealth’s Annual Comprehensive Financial Report for Fiscal Year 2021, the period that ended June 30, 2021. The report can be found here.
Please find the Information Statement Supplement dated April 28, 2022 available here
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for March 2022 totaled $3.858 billion, which is $802 million or 26.2% more than actual collections in March 2021, and $427 million or 12.5% more than benchmark.
Find the full revenue numbers on the Department of Revenue's website.
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for February 2022 totaled $1.801 billion, which is $74 million or 3.9% less than actual collections in February 2021, and $293 million or 19.4% more than benchmark.
Find the full revenue numbers on the Department of Revenue's website.
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for January 2022 totaled $4.026 billion, which is $679 million or 20.3% more than actual collections in January 2021, and $856 million or 27.0% more than benchmark.
Find the full revenue numbers on the Department of Revenue's website.
Please find the Information Statement Dated January 6, 2022 (as supplemented January 31, 2022) available here.
The Credit Review Investor Call was given on Friday, January 28th at 10:00 AM EST and reflected the Commonwealth's most current Information Statement which has been posted to EMMA and can be found here.