4.9%

March 17, 2015 | Number of The Day
Increase in NJ tax collections compared with past fiscal year

New Jersey tax collections for the current fiscal year through the end of February are up 4.9 percent compared to this time last year, according to the latest revenue report from the state Department of Treasury. But that improvement trails the 5.3 percent rate of growth Gov. Chris Christie’s administration is projecting through June 30, the end of the fiscal year. Also unclear is exactly how much ground needs to be made up because the administration has stopped releasing that data in precise dollar amounts on a monthly basis