AUGUSTA — The state’s government had a budget surplus of more than $40 million for the month of August.
The office of Democratic Gov. Janet Mills said Tuesday the $42.4 million dollar surplus for the month beat expectations by nearly 12 percent.
The office said general fund revenues for the first two months of the fiscal year were up $186.5 million.
Officials said that was an increase of almost a third from the same period last year.
“State government finances are in excellent shape, with Maine continuing to record surplus revenues and operate in the black,” said Kirsten Figueroa, commissioner of the Department of Administrative and Financial Services.