The New Jersey Office of Legislative Services Monday said its fiscal 2012 revenue estimates are similar to the governor’s projections, but cautioned that next year’s budget may need to include additional spending for schools.

OLS budget and finance officer David Rosen testified before the Senate Budget and Appropriations Committee as part of his annual budget report for the ­Legislature.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.