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.
NJ boosting TAG awards more than $2,000 for some college students
An extra $35 million in the state budget will mean larger needs-based Tuition Aid Grant awards in the coming year.
Groups urge tax hikes to narrow NJ’s $10B drop in revenue
Progressive groups say spending cuts can't be the only option for addressing shortfalls in New Jersey's current and upcoming budgets.
NJ revenues for March stable, but coronavirus cliff still coming
The expected collapse of New Jersey’s tax revenues didn’t materialize in March collections, but state officials say the pain is merely deferred, not avoided.
NJ to delay 2021 state budget three months due to coronavirus
New Jersey plans a supplemental appropriation to extend its 2020 budget by three months, so it can have time to assess state finances this summer.
Murphy to endorse ending NJ income taxes on combat zone pay
New Jersey is the only state that taxes combat pay. Gov. Phil Murphy will endorse long-stalled legislation that would finally end that.
Fulfill steps up to help Lakewood public school children in summer program
Fulfill has come to the aid of Lakewood school children with their summer program.