New Jersey residents will find out what Governor Chris Christie has in store when he outlines his proposed budget Tuesday.

The spending plan estimated to be around $30 billion is expected to include the first phase of a three-year income tax cut the Republican governor proposed last month.  Some analysts say the revenue lost to the tax cut in the next budget will total about $150 million.

The tax break along with other spending proposals like a possible tweak to public education funding will be tempered by the still-fragile economy. Unemployment hovers around 9 percent and state tax collections are lagging by about $300 million.

 The Governor's budget must be balanced. He's also obligated to make a payment of nearly $500 million to the pension system.

The new fiscal year budget will take effect July 1.