Absent such an intervention, the state of Maine is facing a revenue shortfall that could grow to $1 billion by mid-2021, according to April projections from Moody’s Analytics. The liberal Maine Center for Economic Policy projected a shortfall of more than $1.2 billion. Much of that will trickle down to cities and towns that are already confronting shortfalls or layoffs.
Local budgets in Maine are seeing massive shortfalls. Federal help remains uncertain.
