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The document discusses Massachusetts' state fiscal conditions and budgets. It shows that the state faced a large budget gap in FY2009 that was addressed through spending cuts. The state also had preliminary budget gaps in FY2010 that were filled through additional cuts, withdrawals from savings funds, and new revenues. The document includes charts and graphs showing trends in state spending, revenues, taxes, and aid to education, higher education, municipalities, and other areas over time.






























































