New Jersey 101.5 » OLS

NJ Revenues Remain Below Pre-Recession Peak [AUDIO]

Kevin McArdle — Mon, 22 Apr 2013 09:21:59 +0000

When will New Jersey really have its comeback?

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Is Chris Christie Banking On Phantom Revenues? [AUDIO]

Kevin McArdle — Fri, 05 Apr 2013 09:40:23 +0000

Governor Chris Christie is counting on almost $500 million in revenue that the state may or may not see.

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New Jersey Budget Shortfall Could Hit $2 Billion [AUDIO]

Kevin McArdle — Fri, 04 Jan 2013 10:21:53 +0000

State revenue collections are far below Governor Chris Christie's projections even though they are up very slightly over last year.

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New Jersey's Budget Shortfall Could Impact You [AUDIO]

Kevin McArdle — Thu, 20 Sep 2012 09:53:11 +0000

It's easy to get lost in the maze of politics and number-crunching when you hear about a budget deficit, but if New Jersey really is a quarter-billion-dollars in the red for the Fiscal Year that ended June 30 it could affect your wallet.

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NJ Treasurer Likely A No-Show At Today's Budget Hearing

Kevin McArdle — Wed, 19 Sep 2012 09:50:41 +0000

Revenue collection for Fiscal Year (FY) 2012 missed Governor Chris Christie's targets by more than a quarter-billion dollars according to the non-partisan research arm of the legislature.

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Governor Christie Goes On An OLS Rant [AUDIO/VIDEO]

David Matthau — Tue, 11 Sep 2012 10:00:54 +0000

After predicting a much larger shortfall a few weeks ago, the New Jersey Office of Legislative Services is now projecting a much smaller shortfall for fiscal year 2011.

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Chris Christie's Revenue Estimates Off By A Quarter Billion Dollars [AUDIO]

Kevin McArdle — Tue, 11 Sep 2012 09:33:06 +0000

Revenue collection for Fiscal Year (FY) 2012 missed Governor Chris Christie's targets by more than a quarter-billion dollars according to the non-partisan research arm of the legislature.

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NJ Budget $200 Million In The Hole, Says Analyst [AUDIO]

Kevin McArdle — Wed, 11 Jul 2012 08:46:11 +0000

In a memo sent to budget committee members in the State senate and General assembly yesterday, David Rosen, the legislative budget and finance officer with the non-partisan Office of Legislative (OLS) services writes, "Assuming that the transfers and accruals follow the pattern of recent years and assuming the remaining cash collections match recent months, FY 2012 revenue collections are likely to fall $150-200 million below the FY 2012 targets announced by Treasury in May."

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New Jersey Can't Afford A Tax Cut, Says State Senator [AUDIO]

Kevin McArdle — Wed, 13 Jun 2012 08:59:41 +0000

There are still three competing tax cut plans in Trenton and some sort of deal has to be worked out soon if a one of them is to be included in the State Budget.

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Chris Christie's Budget Calls For $1.64 Billion In One-Shots [AUDIO]

Kevin McArdle — Wed, 30 May 2012 08:55:09 +0000

Since taking office, Governor Chris Christie has railed against past Governors for using one-time revenue streams, known as one-shots to balance State Budgets.

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