Revenue Commissioner Navjeet K. Bal said today that preliminary revenue collections for February in Massachusetts totaled $933 million, down $70 million or 7.0 percent from a year ago and $46 million below the projected monthly figure.
In a statement, she blamed higher-than-forecast income tax refunds, as well as weaker than expected sales and corporate tax collections.
The statement was extensive in its explanation of the shortfall, even labeling it "expected."
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Glen Johnson is Politics Editor at boston.com and lead blogger for "Political Intelligence." He moved to Massachusetts in the fourth grade, and has covered local, state, and national politics for over 25 years. E-mail him at firstname.lastname@example.org. Follow him on Twitter @globeglen.