Revenue gap grows to $311 million, Mass. tax agency says

BOSTON — After another lackluster month of collections, tax receipts are now running $311 million behind budget benchmarks with just one month left in the fiscal year, leaving Massachusetts Gov. Charlie Baker with an immediate budget problem.
May tax collections were up just 1.8 percent over May 2015 and fell $50 million below the budget forecast for the month, according to a statement issued Friday by the state Department of Revenue.