STATE’S REVENUE ON PACE SO FAR THIS FISCAL YEAR

New Jersey is on track financially so far. A new report released by the state says revenue collections are up 5.6 percent, which is over the projections of Gov. Chris Christie’s budget that predicted 5.2 percent growth. This is good news as the state’s revenue projections in past years have been off, forcing cuts to be made by Christie. A couple of the negative numbers included a dip of .3 percent in casino revenues versus the 23.9 percent expected growth, and lottery revenues were down 9.2 percent against the 7.4 percent projected expansion.