10th Annual Massachusetts Investor Conference

($2,400) ($1,900) ($1,400) ($900) ($400) $100 Jul-07 $600 $1,100 Oct-07 Jan-08 Apr-08 Jul-08 Oct-08 Jan-09 $1,600 $2,100 Jul-09- Oct-09 Jan-10 Apr-10 Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Oct-11, Jan-12 Apr-12 Monthly year-over-year changes in collections Jul-12- Oct-12 Jan-13 Apr-13- Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 MA State Tax Collections Year-Over-Year Changes by Month July 2007 September 2022 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16- Jan-17 Apr-17 PUBLICASSACH Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 pr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22- Jul-22

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