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Budget

Working to Keep National Politics Out of State's Pension-Fund Investments

John Reitmeyer | March 26, 2015 | Budget

Offered a chance to put wider restrictions in place, NJ State Investment Council says it will first look to tightening current regulations

Christie’s Pension Package Tops Agenda at Final Assembly Budget Hearing

John Reitmeyer | March 25, 2015 | Budget, Politics
Meanwhile, governor continues to push budget plan at ‘town hall’ meetings, the latest in Whippany
Taking the Guesswork -- and the Politics -- Out of Forecasting NJ’s Tax Revenue
John Reitmeyer | March 24, 2015 | Budget
A new bill aims to add accuracy and transparency to the process of estimating state’s yearly tax collection
Some Flunk Christie in Economics While Others Give Him Passing Grade
John Reitmeyer | March 23, 2015 | Budget
Supporters praise tough tactics on pensions and other ‘legacy’ items, but critics point to high jobless rate, terrible credit ratings and transit-fund crisis
Fine Print: Forcing Administration to Post Detailed Property-Tax Data
John Reitmeyer | March 19, 2015 | Budget
Christie contends he’s capped property-tax increases at 2 percent, but cutting Homestead Rebates funding has driven net property taxes higher
Christie Wants Three More Years to Get State Pension Program Fully Funded
John Reitmeyer | March 13, 2015 | Budget
Governor could ease some of his budget woes by stretching out pension payments to 10 years, rather than seven -- and a Democratic leader could be in his corner
Corporate Subsidies, Open Space Come to Fore at Second Public Budget Hearing
John Reitmeyer | March 12, 2015 | Budget
Critics raise questions about NJ’s faltering recovery, lawmakers agree that more transparency needed when awarding corporate incentives
At First Public Hearing on Budget, Focus On What's Missing, What's Needed
John Reitmeyer | March 11, 2015 | Budget
Speakers present Senate panel with list of items ranging from familiar -- school funding, transportation, pension benefits -- to substance-abuse treatment and others more easily overlooked
Public-Employee Healthcare: The Sweeney Plan vs. the Christie Report
John Reitmeyer | March 10, 2015 | Budget
State Senate president asserts that his own proposal calls for nothing less than eliminating the conventional fee-for-service payment model
Senate President Calls for Millionaire’s Tax to Help Close State Pension Gap
John Reitmeyer | March 9, 2015 | Budget, Politics
Christie dismisses idea at town hall meeting, but gets numbers wrong for current top-end tax and potential revenue
Where, When, and Why: Attending a Public Hearing on Christie's New Budget
John Reitmeyer | March 5, 2015 | Budget
The best way to understand what's in the budget and how it may affect you is to catch one of the five public hearings being held this month
What’s Wrong With This Picture? Property Taxes Rise, While Rebates Dwindle
John Reitmeyer | March 4, 2015 | Budget, Politics
The Homestead program, which cuts taxes for seniors, the disabled, and low-income families, is at second-lowest funding level of past decade
NJ Public Employees Ready to Hit Gov. Christie with New Pension-Funding Suit
John Reitmeyer | March 4, 2015 | Budget, Politics
Unions want Christie back in court to explain why he plans to skimp on billions of dollars in committed payments in coming fiscal year
Christie Pushes Ahead With Business-Tax Cuts, Racking Up $600M in Lost Revenue
John Reitmeyer | March 3, 2015 | Budget
Next year’s budget calls for $660M more in business-tax breaks, despite depleted transportation fund and court-ordered pension payments
Should the State Offload Teacher Retirement Benefits Onto Local School Districts?
John Reitmeyer | March 2, 2015 | Budget, Education
That’s one of the suggestions of Christie’s expert commission, but the big question is what happens to property taxes
Interactive Map: State-Aid Landscape Basically Unchanged, Frozen and Flat
Colleen O'Dea | February 27, 2015 | Budget, Maps, Map of the Week
Funding to municipalities virtually unchanged for fifth straight year under Christie budget
Another Budget Adjustment -- State Tax Collection Forecast off by $60M
John Reitmeyer | February 27, 2015 | Budget
Administration’s overestimate brings midyear spending reductions to $343M -- and there’s still a $1.6B budget bullet out there
Chris Christie Takes His Budget Pitch on the Road -- First Stop, Moorestown
John Reitmeyer | February 26, 2015 | Budget
Governor makes it perfectly clear: The only thing wrong with the state’s finances is cost of public-employee benefits
Districts Get Official Word: State Aid Payments Frozen for Most Schools Next Year
John Mooney | February 26, 2015 | Budget, Education
Some are glad that funds won’t be cut despite fiscal woes; others note than once again Christie isn’t complying with full-funding law
Missing from Christie’s Budget Address: Substance, Specifics, Solutions
John Reitmeyer | February 25, 2015 | Budget
Governor’s budget speech may have played well outside of NJ, but state lawmakers are left with a number of unanswered questions
Christie’s Proposed Health Budget Slashes $148M From Hospital Charity Care
Andrew Kitchenman | February 25, 2015 | Budget, Healthcare
Administration argues that cuts are counterbalanced by ACA Medicaid expansion, which has thinned the ranks of the uninsured
Can Christie, Legislature Defuse Judge's $1.6 Billion Pension Bombshell?
John Reitmeyer | February 24, 2015 | Budget, Politics
Double challenge confronts Dems, GOP: Find funds in current budget -- and even more in next year’s
Judge Rules Against Christie Administration in State-Employee Pension Case
Meir Rinde | February 24, 2015 | Budget, Politics
State on the hook for seven years of increasing payments, as spelled out in the administration’s signature pension-reform law
Watch and Listen to Christie’s Budget Address Live from Trenton
February 24, 2015 | Budget, Politics
There’s a lot more than presidential ambitions riding on governor’s proposals for dealing with Garden State’s fiscal woes
Chris Christie’s Presidential Hopes Hover Over This Year’s State Budget Haggling
Meir Rinde | February 20, 2015 | Budget
Will governor push for estate-tax cut popular with GOP conservatives while agreeing to gas-tax hike to replenish Transportation Trust Fund?
Rebate ‘Shell Game’ Makes It Hard to Track Property Tax Facts in New Jersey
Colleen O'Dea | January 30, 2015 | Budget, Maps, Map of the Week
Agency’s removal of info from annual report and website makes it nearly impossible to determine how much more homeowners are paying
Former Treasury Secretary Shares Optimistic Outlook with NJ Investment Council
NJTV | January 30, 2015 | Budget, Politics
Group that sets policies governing New Jersey’s $8 billion portfolio hears Timothy Geithner’s cautious but upbeat assessment
Moody’s: New Jersey’s Pension Funds Could Run Dry in Just 10 Years
Mark J. Magyar | December 4, 2014 | Budget, Politics
Bond-rating agency cites NJ Treasury admission in bond prospectus that puts unfunded liability at $83 billion under new federal standards
Analysis: Partisan and Labor Politics Drive Battle Over Health-Benefits Reform
Mark J. Magyar | November 26, 2014 | Budget, Politics
Big question is whether Christie, Legislature set health-benefit payments or unions get back collective-bargaining rights
Size Doesn’t Matter -- Study of NJ Municipal Government Costs Concludes
Mark J. Magyar | November 17, 2014 | Budget, Planning
Rutgers analysts question ‘conventional wisdom’ that consolidation of state’s 565 municipalities would produce property tax savings
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