Garden State legislators may need to plug a $133 million gap in the proposed $33 billion fiscal 2009 budget due to a new revenue projection for next year that indicates revenue will fall below current administration estimates.

David Rosen, legislative budget and finance director in the Office of Legislative Services, presented his calculations last week before the Assembly Senate budget committees. Rosen anticipates New Jersey will collect $32.17 billion of total revenue next year, $288 million less than the $32.46 billion listed in Gov. Jon Corzine’s proposed 2009 budget, which he presented to the Legislature on Feb. 26.

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