NJ budget suffers another setback with $600M hole in April (via NJ.com)
TRENTON — New Jersey’s budget will take a big hit in April to the tune of $600 million, state officials announced today, warning that one of the best months for tax collections has been seriously behind Gov. Chris Christie’s expectations. The…
NJ budget won’t get much help from state economy, expert warns (via NJ.com)
TRENTON — New Jersey is in for another year of lackluster economic growth, and the new spending plan Gov. Chris Christie is proposing widens the shortfall in the state budget to $526 million by summer 2015, the state Legislature’s top financial…
New Jersey’s tax revenues exceeded projections for the seventh consecutive month and income tax collections were the highest ever in June, even without a “millionaires tax.”
The Treasury Department announced yesterday, that income tax collections in fiscal 2013 were 12.4% higher that in fiscal 2012 (the fiscal year ends on June 30) and sale tax collections increased 3.7%.
The State’s fiscal 2013 revenue collections through June totaled $25.6 billion, $1.58 billion higher than in fiscal 2012.
Posted: July 26th, 2013 | Author: Art Gallagher | Filed under: Declan O'Scanlon, Economy, New Jersey, New Jersey State Budget | Tags: Declan O'Scanlon, Economy, Jobs, New Jersey State Budget, NJ Economy, Tax revenues | 1 Comment »© Copyright 2024 | MoreMonmouthMusings | All Rights Reserved