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Buried treasures found for Bay State's coffers. (revenue savings projects of Massachusetts)
A little-known collaboration between several state agencies and researchers from the University of Massachusetts at Boston is slowly reaping the state millions of dollars more in federal assistance.
Since fiscal 1990, the so-called Revenue Maximization Project has produced $100 million for state coffers through increased Medicaid reimbursements from the federal government and other savings. Another $50 million to $100 million is "in the pipeline," according to the project's director, Murray Frank, a senior fellow at UMass/Boston's McCormack Institute.
The project was initiated in 1989, in the midst of a mounting budget crisis, by Dukakis administration officials and the offices of the state comptroller and auditor.
"It became apparent that more attention had to be spent on the revenue side of government," noted state Comptroller William Kilmartin, whose office now coordinates the project.
Peter Nessen, then the director of the Office of Purchased …
