The top budget expert with the non-partisan Office of Legislative Services (OLS) says there could be a two-year State Budget shortfall of almost $1 billion.
The New Jersey Legislature's budget office says state revenues are likely to fall another $50 million to $100 million short of projections before the fiscal year concludes.
The State Senate Budget Committee receives the latest state revenue projections today. The Non-partisan Office of Legislative Services (OLS) briefed the panel during this morning’s session. Later today, State Treasurer Andrew Eristoff presents the Christie Administration estimates.