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.
On Wednesday, Dr. David Rosen with the Office of Legislative Services (OLS) estimated that over the next 14 months state revenues will lag $1.3 billion behind Christie's projections. Governor Chris Christie expects the budget gap to be about $676 million.
The lead budget analyst with the non-partisan Office of Legislative Services (OLS), research arm of the legislature predicts casino revenues will increase by $20 million in the coming year while Governor Chris Christie's projects they'll rise by $40 million.
Atlantic City's casinos poured almost a quarter billion dollars into the State Budget last year. The more the state rakes in from the casinos the more cash it will have on hand to fund other programs without having to tax you more.
Gov. Chris Christie must go through the state Legislature if wants to move forward with a sweeping reorganization of New Jersey's higher education system, according to an opinion issued by the state's nonpartisan Office of Legislative Services.