- Associated Press - Friday, September 19, 2014

TRENTON, N.J. (AP) - New Jersey’s Treasury Department is changing how it reports revenue each month to leave out data showing how many dollars the state is ahead or behind in its budget projections.

The department says in a release that the new format unveiled Thursday “avoids unnecessary and complex additional comparisons subject to high volatility.”

It also means that state is no longer delivering data that sometimes gives bad news.

The state still reports how revenue for the current year compares to the same period in the previous fiscal year. It also compares that growth to the projected growth but it does so by using only percentage change and not dollar amounts.

For July and August, total revenue was up 6.1 percent over 2014. Overall, that is ahead of the projected 5.2 percent.



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