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.
ATLANTIC CITY – The Democratic Party’s presumptive gubernatorial nominee officially tapped Jason O’Donnell as chairman of the state party.Read More >
Morning News Digest: Friday, May 17, 2013 By Matthew Arco Smith intends to fight for HCDO seat as Bernie Kenny's name re-emerges in Fulop era Mayor Jerry Healy’s loss Tuesday night inevitably triggered intra-party discussions about consequences to the Hudson County...
By Tedford J. Taylor No topic is a less likely conversation-starter than our eventual deaths. Still, there is a lot to talk about. When polled, about 90 percent of people presented with end-of-life scenarios prefer the prospect of dying at home with... Read More >
“You represent the grit and tenacity that make Jersey City special. Thank you for believing in this great American experiment called democracy.” - Jersey City Mayor-elect Steve Fulop, to supporters at his victory party last night.- PolitickerNJ.com
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