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.
Mercury today announced the addition of veteran lobbyist Conor Fennessy to the firm’s N.J. public strategy team.Read More >
Sources: pen/ben debacle going back to 2011 worsens Newark's woes They already knew the financial situation was bad in Newark - but it turns out it’s worse. In a conversation with the front office this morning in Trenton, Newark lawmakers expressed worry about the state’s relative sparse offering of...
By JEFF BRINDLE It is critical that the Legislature soon enact a pending bill that would ensure the state’s Gubernatorial Public Financing Program is available in the event of a special election for governor. Not only is there no current legal... Read More >
"Enlisting Fox is another reminder of how much Christie has truly relied on insiders, including Democrats, to bolster his agenda or bail him out of trouble. Not long after arriving in Trenton in 2009, Christie began collaborating with George Norcross, the deeply entrenched Democratic Party kingmaker, to help him cut deals with a Democratic-controlled Legislature.
When his close ally David Samson resigned as chairman of the Port Authority over conflict-of-interest questions earlier this year, Christie replaced Samson with John Degnan, a pillar of the Democratic Party establishment. And now, confronted with a crisis, Christie has turned to “Jamie,’’ as Fox has been known throughout political circles since he began as an aide in the Democratic Senate in the 1980s." - columnist Charles Stile
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