Summary
New Jersey faces a $10.5 billion budget deficit heading into next year -- nearly the same size as the gap that opened up before this year's spending plan passed, according to an analysis by a nonpartisan legislative office.
The internal report means next year's budget challenges could be just as difficult as this year, when Governor Christie slashed funding for schools, municipalities and property tax rebates.See the full content of this document
Extract
More Budget Woes in 2011
The Office of Legislative Services calculated a $10.5 billion shortfall by counting all mandatory increases in state funding and assuming al...
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