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New Jersey Department of the Treasury: Major March revenues remain in line with expectations
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New Jersey Department of the Treasury: Major March revenues remain in line with expectations
TRENTON, NJ (April 24, 2026) — The Department of the Treasury reported that March revenue collections for the major taxes totaled $4.321 billion, an increase of about $370.0 million, or 9.4 percent above last year. The growth in total revenues was mainly driven by the Gross Income Tax (GIT), in particular, a steep decline in refund issuances related to timing. Fiscal year to date, total major revenues of $32.313 billion are up $1.249 billion, or…
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