By PolitickerNJ Staff | November 20th, 2012 - 6:07pm
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TRENTON – The governor’s self-imposed deadline for releasing monthly revenue figures came and went last week, and yet there’s little in a way of a response from the administration of when the data will be made available.

According to the governor’s own executive order, October revenue figures should have been released Friday – the tenth business day of the month. However, revenue data has not yet been issued by the Department of Treasury.

A spokesman for the governor said the numbers are expected to be released in conjunction with the administration's assessment of damages from the storm. The spokesman, Michael Drewniak, did not give a timeframe for when that would be.

The monthly figures are significant as the calendar draws closer to December, when Democrats promised to decide whether to offer a tax cut for New Jersey residents.

Year to date revenue collections were off nearly $175 million from projections for the month of September. Sales tax collections made up the bulk of the revenue shortfall coming in at $94 million off projections for the first three months of the fiscal year.  Gross income tax receipts came in $7.8 million over estimates.

Wake-Up Call

Morning Digest: August 28th

Chris Christie's Jekyll & Hyde complex We all know the story: An amiable, even-keeled doctor, in an effort to separate the good from his darker impulses, concocts and consumes a secret potion that, momentarily, induces a metamorphosis of physical and mental being and turns him into a monstrous and...

Op-Ed

White House’s Tuition Challenge Being Met in NJ

By MICHAEL W. KLEIN In his weekly radio address on August 16, President Obama challenged colleges “to do their part to bring down costs” and lighten the tuition burden on students.  The state colleges and universities in New Jersey have... Read More >

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Quote of the Day

quote of the day

"He was a focal point for the disturbance." - former New Jersey Governor Brendan Byrne (the Essex County Prosecutor in July 1967), of former Newark Mayor Hugh Addonizio

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