New Jersey receipts from income and corporate taxes fell short of Governor Chris Christie’s budget targets last month and appear to be on pace to trail the same period a year earlier, according to legislative analysts.
Preliminary information indicates collections from both levies fell in April, according to a May 3 memo from the nonpartisan Office of Legislative Services. The e-mail to lawmakers, which was obtained by Bloomberg News, said a detailed figure won’t be available until May 14.
