- Associated Press - Wednesday, December 16, 2015

TRENTON, N.J. (AP) - New state figures for November show New Jersey’s revenue collection is up 2.8 percent compared with 2014.

The Treasury figures released Wednesday show New Jersey has brought in $8.9 billion through November compared with $8.7 billion last year.

The growth rate is slightly below Christie administration’s projection of 3.4 percent.

The state’s gross income and sales taxes are outperforming last year’s figures, but the corporation business tax is down almost 21 percent.

The data comes five months into the fiscal year and as Gov. Chris Christie runs for president.

The Treasury says upcoming December tax collections will be important, reflecting holiday shopping and corporate filings.



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