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.
Newark mayor's race: pro-Jeffries independent expenditure group shows donations of $1.3 million, Wall Street ties in ELEC reportNEWARK - Newark First, the independent expenditure group that supports Newark mayoral candidate Shavar Jeffries in the run-up to the May 13 municipal election, has been on the attack lately against Jeffries'...
By HAYTHAM YOUNES As the May 13th election for Paterson officials nears, I've noticed a lot of candidates running using slogans and empty promises as if they weren't around watching Paterson get to where it's at today. I think it's important that... Read More >
"You know what? I'm still Vinny Prieto. I'm still the same guy. This is always a great event — to see people, to talk about business, to hear about issues and concerns." - Assembly Speaker Vinny Prieto (D-32).- The Star-Ledger
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