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  • This page, Determination of Whether Net State Tax Revenues Exceeded Allowable State Tax Revenues FY 2026 - Exhibit I, is   offered by
  • Office of the State Auditor

Determination of Whether Net State Tax Revenues Exceeded Allowable State Tax Revenues FY 2026 - Exhibit I

Calculation to Determine Whether Net State Tax Revenues Exceeded Allowable State Tax Revenues for the Fiscal Year Ended June 30, 2026
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Allowable State Tax Revenues* for the Fiscal Year Ended June 30, 2026$48,266,193,259**
Less: 
Net State Tax Revenues† for the Fiscal Year Ended June 30, 2026$43,113,374,039‡
Net State Tax Revenues Under Allowable State Tax Revenues§ for the Fiscal Year Ended June 30, 2026$5,152,819,220

*               Allowable state tax revenues are an amount equal to the computed maximum state tax revenues for any fiscal year as defined by Section 2 of Chapter 62F of the General Laws.

**               See Exhibit V.

†               Net state tax revenues are state tax revenues as decreased by the amount of state tax revenues abated or refunded.

‡               See Exhibit II.

§               Net state tax revenues under allowable state tax revenues are the amount by which net state tax revenues for a fiscal year are less than the allowable state tax revenues for said fiscal year.

Date published: September 15, 2026

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