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 are promising but the agency is being cautious and monitoring developments.