How would you spend $1.4B in recovery funds? NJ taking ideas
The Murphy administration is soliciting ideas for how to deploy the remaining federal COVID recovery funds in virtual hearings and by email.
state budget
NJ debt surges 22%, approaching $27,000 for each resident
Annual debt report finds New Jersey's long-term debts and obligations, including pensions and health benefits, reached $248.6 billion as of mid-2021.
NJ plans back-to-school sales tax holiday – see what’s covered
For the last 10 days of summer, you can get 6.625% tax savings on school supplies, computers and sports equipment, under the state's 2023 budget.
NJ tax collections plunge by billions – but that’s OK, state says
State revenues in May were nearly 39% smaller than one year earlier, but the state Treasury says that's because the income tax deadline was delayed in 2021.
GOP plan for ‘once-in-a-lifetime opportunity’ to cut NJ taxes
Income taxes would be cut, property taxes would be helped by municipal and school aid and residents would get rebate checks under Assembly GOP budget sketch.
Bigger tax relief likely amid ‘unprecedented’ NJ revenue surge
The Murphy administration says revenues in the current and upcoming years will be $7.8 billion higher than it expected in March.
How NJ undermines its push for research dollars to its colleges
Through the 'fringe rate' the state makes colleges repay it for benefits, New Jersey costs its colleges chances at federal grants and faculty recruiting.
Municipal aid flat: Check local govt tax bills for every NJ town
Though lawmakers have expressed interest in restoring aid to municipalities that is diverted to the state, that's not in Gov. Phil Murphy's budget plan.
Murphy pitches fee holidays in nearly $49B state budget blueprint
Some people might get a small break from the state next year as they renew driver's licenses, apply for marriage licenses or enter state parks.
Murphy gets two-week delay for proposing next NJ state budget
The state budget is supposed to be introduced next Tuesday, but lawmakers agreed to Gov. Phil Murphy's request to push that back to March 8.
NJ may spend $2M on NAACP national convention in Atlantic City
The NAACP brings its national convention to the Jersey Shore in July. Some lawmakers oppose a bill allocating $2 million to help offset the costs.
NJ finances get another positive outlook, though not an upgrade
Another credit rating agency has improved its outlook for New Jersey’s finances, ahead of next month’s introduction of the next proposed state budget.