Gov. Deval Patrick has signed a $30.6 billion budget that he said reduces overall state spending while laying the groundwork for an ongoing economic recovery in Massachusetts.
Massachusetts tax collections dipped in May after a surprisingly strong showing in April. State revenue officials said Friday that preliminary revenues for last month were down $68 million or 4.3 percent compared with May of last year.
The number of completed foreclosures in Massachusetts increased 32 percent in 2010 compared with the previous year, and an expert is sounding a cautious tone for the year ahead.
WBZ’s Rod Fritz reports the Massachusetts’ economy is growing fast.