NJ Revenue Outlook Improves, but Treasurer Warns of Uncertainties

NJ revenue outlook improves, but treasurer warns of uncertainties

Potential for hundreds of millions of dollars more over the next 14 months, though gas prices, inflation and war are factors The post NJ revenue outlook improves, but treasurer warns uncertainties remain appeared first on NJ Spotlight News.

Revenue outlook for NJ budget improves, but governor still wants cuts to offset new spending

New projections show rosier revenue, but Gov. Mikie Sherrill still wants cuts to offset any new spending, state Treasurer Aaron Binder said. (Illustration by Alex Cochran for New Jersey Monitor)New Jersey will collect about $59.2 billion in revenue in the coming July-to-June fiscal year, forecasters from the Treasury and the nonpartisan Office of Legislative Services agreed in updated projections shared with lawmakers Tuesday. If the projections…