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Statehouse
Statehouse (NJSenateRepublicans.com)
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NJ Revenues Remain Below Pre-Recession Peak [AUDIO]

When will New Jersey really have its comeback?

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Money
Flickr User Keith Ramsey
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More Bad News for NJ’s Revenues

The latest revenue outlook for New Jersey indicates that the governor's revenue projections could be off by more than a half-billion dollars at the end of the next fiscal year.

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MONEY-300x225
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NJ Revenues Picking Up Momentum

For the third month in a row, the New Jersey’s revenues exceeded initial forecasts. Overall, February revenues were $156 million, or 9.5 percent, ahead of forecasts. The State Treasury Department credits a second month of strong sales tax collections combined with the continued over-performance of the state’s income tax collections.

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Category: News Tags: , , ,
Slot Machines
Flickr User Raging Wire
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More Trouble for Atlantic City’s Casinos

Revenue at Atlantic City's casinos was down more than 13 percent in January compared with the same month a year ago.

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Flickr User 401K
Flickr User 401K
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NJ Revenue Shortfall More Than $700 million

While State revenue collections are up ever-so-slightly over last year, they are far below what Governor Chris Christie projected says Dr. David Rosen, the top budget analyst with the non-partisan Office of Legislative Services (OLS). He says halfway through Fiscal Year (FY) 2013 revenues are lagging a little over $705 million behind the Governor’s estimates.

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Property Taxes
Flickr User 401K
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NJ Revenue Collections Below Projections

Taxes and fees are being collected at about the same rate as last year, missing targets by $451 million midway through New Jersey's fiscal year.

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Money Stack
Don Farrall, Getty Images
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Sandy Pushed Down NJ Revenue for November

New Jersey officials say Superstorm Sandy held down state revenues for November as people cut back on driving, shopping and gambling.

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Governor Chris Christie
Governor's Office, Tim Larsen
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NJ Lagging in Growth, Leading in Spending: Report

Two recent reports show New Jersey is lagging in economic growth and proposed rainy day funds but leading the nation in proposed spending increases.

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Property Taxes
Flickr User 401K
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Sinking Revenues Continue in NJ [AUDIO]

According to OLS, tax collections for May are $50 to $100 million below last month's dismal projections.

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Money Stack
Don Farrall, Getty Images
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Revenue Shortfall Bolsters Millionaires Tax Hike Argument [AUDIO]

The latest state revenue figures which show collections for April are $230 million below what Governor Chris Christie's administration had projected. Assembly democrats are pouncing on the bad news and saying it proves their call for a millionaires tax increases makes sense now more than ever.

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