revenues

NJ Revenues Picking Up Momentum
NJ Revenues Picking Up Momentum
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.
NJ Revenues Way Off
NJ Revenues Way Off
NJ Revenues Way Off
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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