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State revenues forecast to grow more than $700 million over two years

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State fiscal analysts on Thursday increased their revenue projection by about $785 million over two years amid an economy with strong growth in personal income, low unemployment and robust labor force participation.

The Consensus Revenue Estimating Group met Thursday and revised the state’s revenue forecast upward to $10.62 billion in fiscal 2027 and $10.93 billion in fiscal 2028 compared to the $10.14 billion in actual tax receipts that the state hauled in during 2026.

The forecast . . .

SSJ

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