Gov. Baker, House, Senate Agree on State Revenue Estimate 

BOSTON (AP) — Gov. Charlie Baker and Democratic leaders in the Massachusetts House and Senate have agreed on a single estimate for how much the state is expected to bring in during the fiscal year that begins July 1.

The so-called consensus revenue figure is critical to crafting a new state budget.

It provides the bottom line for all three budget proposals offered by the House, Senate and Baker. The three will differ on how to spend the money, rather than on how much money there is to spend.

The estimate — $26.86 billion — represents a 4.3 percent growth over revised revenue estimates for the current fiscal year.

The Republican governor’s budget chief Kristen Lepore said the administration is upgrading tax projections for the current fiscal year by $140 million, based upon year-to-date revenues and economic data.