"Camden is not going to be able to get off transitional aid in the next four years," he said.
The aid allocation is contingent on the Legislature's passing a measure that would require recipients to be financially accountable to the DCA, a sticking point during the budget process.
"I'm not going to give this money away without the appropriate funding and oversight mechanisms," Christie said after announcing this summer that he would restore $149 million in transitional aid.
Senate President Stephen Sweeney (D., Gloucester) "hopes to review the issue with the governor in the near future," a spokesman wrote in an e-mail Tuesday.
Bill Dressel, executive director of the New Jersey League of Municipalities, said he hoped the Legislature would act by Thanksgiving.
Camden last year received $115 million from Trenton, not including aid to schools - 66 percent of the city's total budget. That sum included $69 million in transitional aid.
This year, its state aid total is $107.4 million, or 68 percent of the budget.
"Although we did not receive the full amount requested, we are confident that the difference will be offset by the $4.7 million in savings from the governor's pension reforms and a potential adjustment in our unemployment billing," Mayor Dana L. Redd said in a statement Monday.
No city employees, including fire and police personnel, are expected to be laid off, she has said.
Camden had planned to pay $19.3 million in April when its pension payment came due. It now will pay about $14.6 million.
Christie's recently enacted pension overhaul increased public employee contributions and made other changes expected to result in significant savings to cities.
The lower costs "will be sustained over time," said state Treasury Department spokesman Bill Quinn.