As reported by nj.com, the State’s top legislative budget officer will tell lawmakers that Governor Chris Christie’s revenue figures for the next 13 months will fall short by nearly $1 billion. The gap may be shorter if Christie revises his revenue projections downward, an unlikely move as the Governor spent the last week boasting
revenue projections
Christie Administration: NJ Revenue Falling; Costs Rising in State
As reported by nj.com, the Christie administration has advised Wall Street that the State’s share of unemployment and Medicaid costs are expected to rise above expectations against a backdrop of lagging revenue collections, according to an amended report filed Monday. The State also warned Wall Street that the combination of rising costs and slumping …
Figures Show NJ Revenue Collections Far Behind Gov. Christie’s Projections
As reported by nj.com, tax collections during the first two months of the current budget year fell significantly short of Governor Chris Christie’s aggressive revenue projections, according to figures released by the Treasury Department. Monthly revenue reports this early in the year do not typically garner much public attention, but they have taken on …
NJ Revenues Fall Short For Fiscal 2012
As reported by app.com, the New Jersey Legislature’s nonpartisan budget analyst reported Monday that the State’s revenue fell $254 million below projections for fiscal 2012, a number that Governor Chris Christie dismissed.
The figures released Monday by the Office of Legislative Services are not good news for New Jersey, but they are not …