Tax collections in Massachusetts are continuing to fall, The Associated Press reports.
In March, the state collected about $1.6 billion in taxes. That was $42 million below the state’s estimate for the month.
So far this fiscal year, tax collections have totaled nearly $13.2 billion, down $222 million or 1.7 percent from the same period a year ago.
The shortfall has forced Gov. Deval Patrick to proposed another round of budget cuts to help close the spending gap.
Revenue Commissioner Navjeet Bal said on Thursday that stronger than expected withholding and sales tax collections in March were offset by corporate and business tax collections that were less than expected.
All told, corporate and business tax collections fell $80 million below estimates.
