Despite economic and policy concerns, the estimate for state tax collections this budget year will not be marked down for now, Healey administration Budget Czar Matthew Gorzkowicz determined by Wednesday’s deadline, but he said he is ready to recommend midyear budget cuts if economic conditions erode in the coming months.

The decision to stick with the $43.61 billion tax revenue estimate means the state won’t enact immediate midyear budget cuts, as some feared could be possible.

And it shows the Healey administration is not yet ready to reduce official tax collection expectations despite its vocal worry about federal policy and funding shifts. It could also lead to more difficult decisions about spending levels deeper into the budget year.

At least one decision already has been made.

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