TRENTON – The chairman of the Senate Budget and Appropriations Committee says he’s less than hopeful about hearing directly from the State Treasurer on revenues ahead of the governor’s budget address next month.
Sen. Paul Sarlo, (D-36), told PolictickerNJ Friday he is “not optimistic” that Treasurer Andrew Sidamon-Eristoff will take Senate lawmakers up on their invitation for him to testify before the committee on Fiscal Year 2013 revenues.
“I am not optimistic that the Treasurer will meet with us. I was hoping that he would,” Sarlo said. “We have an obligation to oversee and monitor the budget … and I don’t think the administration is going to give us an opportunity [to speak with him].”
His comments come a little more than a week after the committee heard testimony from the non-partisan Office of Legislative Services’ budget and finance officer, David Rosen.
Rosen warned the state is staring down the barrel of a $700 million revenue shortfall and that the state would need “a spectacular revenue acceleration” to hit the governor’s target projections.
Sidamon-Eristoff was invited to attend the hearing but was not able to attend due to a scheduling conflict, according to the Treasurer’s office.
Sarlo said at the time that lawmakers would continue to reach out to the administration with hopes of sitting down with the Treasurer. However, the budget lawmaker said Friday he’s less than hopeful a meeting will actually materialize.
Sarlo said he has still not heard from the Treasurer.
The Treasurer’s office did not immediately respond to a request for comment.