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Fiscal experts explain NJ’s red-hot economy

State Treasurer tells Assembly Budget Committee that forecasts up for most major revenues

04/04/2022

NJ Spotlight News

Fiscal experts explain NJ’s red-hot economy

Clip: 4/4/2022 | 3m 40sVideo has Closed Captions

State Treasurer tells Assembly Budget Committee that forecasts up for most major revenues

"For state revenues and as with the overall economy, Fiscal Year 2022 was a boom year,” said David Dresher of New Jersey’s Office of Legislative Services. Fiscal experts told the Assembly Budget Committee Monday that a red-hot recovering economy fired up state tax revenues more than anticipated — a remarkable surge in spending power, coming on the heels of the pandemic.

04/04/2022

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