TRENTON - It's been another dismal month for revenue collection in New Jersey.
The state Treasurer reports revenue collection was $200 million below projections for November, worsening the state's already grim budget picture.
It's the second month in a row that tax revenue fell significantly. In October, the Treasurer's Office reported a $211 million revenue shortfall.
Income tax receipts, corporate business and sales tax revenues were all lower than projected.
New Jersey's fiscal year shortfall is now estimated at $1.2 billion.
Gov. Jon. S. Corzine says he'll announce additional budget cuts after the holidays.