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Business Report: State revenues rise

NJ's revenue collections rose in January but are expected to moderate in coming months

02/15/2023

NJ Spotlight News

Business Report: State revenues rise

Clip: 2/15/2023 | 2m 25sVideo has Closed Captions

NJ's revenue collections rose in January but are expected to moderate in coming months

New Jersey’s revenue collections rose in January but the Department of Treasury expects tax collections to moderate in the coming months. In the fiscal year to date, collections are up 3.4% over the same period last year. In January, there was a slight drop in income tax collections but sales and corporate business tax collections increased.

02/15/2023

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