Economist says surplus gives Mills ‘leg up’ after years of inadequate funding under LePage


According to the preliminary forecast announced by the state Revenue Forecasting Committee on Monday, Maine’s General Fund will exceed original estimates by about $99 million through the end of the current fiscal year, which runs through June 30, 2019, and $263 million in the upcoming two-year period, ending June 30, 2021.

Garrett Martin, executive director of the Maine Center for Economic Policy, said that although the additional revenue gives Mills more resources to “fully fund the state’s obligations to public schools, Medicaid and the local services upon which Maine families and businesses rely,” it is “not sufficient to fulfill those commitments in their entirety or to address other important priorities that make our communities stronger and support future growth.”

Click here to read the full story, published November 28, 2018, in Beacon.