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Budget

Governor Shows Off Another Benefit of His Bigger Budget

John Reitmeyer | April 19, 2018 | Budget

Murphy highlights more money for Educational Opportunity Fund in his spending plan and doesn’t retreat from higher taxes despite lawmakers’ hesitancy

Is 2018 the Year When New Jersey, Ever in a Tax Fix, Finds a Fix for its Taxes?

John Reitmeyer | April 18, 2018 | Budget
New Jerseyans kvetch about the state’s high taxes, and nothing seems to change. But, momentum might now be with those who want a radical review of taxes and spending in the Garden State
The Goal Is Economic Growth, the Question Is How Best to Get There
John Reitmeyer | April 16, 2018 | Budget
For Gov. Murphy, investments and tax hikes would deliver the revenue to fuel expansion, but members of his own party are adamantly opposed to higher taxes
Lawmakers Want Voters to Approve $1B Bond Issue for School Safety and Vo-Techs
John Reitmeyer | April 13, 2018 | Budget
Original bond was for $500M to upgrade NJ’s vocational-technical and community colleges, but legislators want to double it to improve school security
Senate Approves Muoio for State Treasurer, Only Second Woman to Get the Nod
John Reitmeyer | April 13, 2018 | Budget
Former assemblywoman makes her own bit of history in a busy week — she was already doing the rounds, explaining governor’s budget plan to lawmakers
After Complaints, Governor Willing to Rework Budget for School Funding?
John Reitmeyer | April 12, 2018 | Budget
Acting state Treasurer gives assurance of Murphy’s cooperation in finding remedy, as lawmakers let her know they’ve been taking ‘public fire’ on the issue
Muoio Says ‘It’s Time to Face Facts,’ New Jersey — Why Tax Hikes Are Needed
John Reitmeyer | April 11, 2018 | Budget
Acting state Treasurer talks about $161 million budget deficit but, so far, lawmakers show little enthusiasm for shape of Gov. Murphy’s first budget plan
State Shortchanges Poor Towns in South Jersey on Municipal Aid — New Report
John Reitmeyer | April 10, 2018 | Budget
Economically distressed communities in southern NJ suffer from significant state underfunding compared to municipalities in northern end of state
Deep Cuts to Homestead Tax-Relief Program Courtesy of Christie’s 2018 Budget
John Reitmeyer | April 9, 2018 | Budget
Seniors and disabled homeowners could see their tax-relief rebates cut by almost half, with no funding to restore them in Murphy’s 2019 budget plan — at least not yet
Take Two: Move to Revive NJ Tax Breaks for Moviemakers, Other Producers
John Reitmeyer | April 6, 2018 | Budget
Former Gov. Chris Christie shut down previous program, questioning its value to New Jersey. He’s not the only skeptic
Democratic Heavy Hitters Ready to Revise Murphy’s Budget Plan
John Reitmeyer | April 4, 2018 | Budget
Sweeney, Sarlo make no bones about wanting changes to governor’s proposals on taxes and on funding for education
Municipalities Skittish Over Murphy Administration’s Tweaks to Current Budget
John Reitmeyer | April 3, 2018 | Budget
Treasury officials say, not to worry, it’s just an accounting adjustment but local officials fear for their bottom line
Pleas for Increases in State Aid as Murphy’s Budget Gets Its First Close-Up
John Reitmeyer | March 29, 2018 | Budget
ALS patient appeals for more assistance while it’s clear school funding will once again be the crux of the matter for lawmakers
Muoio Moves a Step Closer to Formal Approval as New Jersey’s Financial Boss
John Reitmeyer | March 27, 2018 | Budget
Senate committee approves acting State Treasurer for the permanent position after grilling her about tax policy and spending
Another Win for Police, Firefighters in Effort to Control Own Pension Fund
John Reitmeyer | March 27, 2018 | Budget
Big support in Trenton for legislation to revamp management of Police and Firemen's Retirement System, but what does the governor think?
State’s Bonded Debt Soars to Nosebleed Heights: $46.1 Billion
John Reitmeyer | March 26, 2018 | Budget
It gets worse: New Jersey’s grand total owed to bondholders, public workers, and other groups climbs to stratospheric $200-plus billion
If Murphy Holds Municipal Aid Flat, Can Property Taxes Go Anywhere But Up?
Colleen O'Dea | March 22, 2018 | Budget
The proposed budget represents the eighth consecutive year of flat funding, while inflation has continued to climb
Giving State’s Vo-Techs the Space — and Seats — to Accommodate More Students
John Reitmeyer | March 19, 2018 | Budget
Proposed bond issue would help vocational-technical schools deliver what New Jersey manufacturers need most, skilled workers that will help them flourish
Public Gets Say on Budget, but What Matters Most Is Murphy-Sweeney Dialogue
John Reitmeyer | March 16, 2018 | Budget
Although Democrats control both the executive and legislative branches of NJ government, fate of first Murphy spending plan remains uncertain
Day After Budget Address, Murphy Takes Spending Plan on the Road
John Reitmeyer | March 15, 2018 | Budget
Democratic governor wants to get message across, his big budget means big gains for pension system, education, NJ Transit, and New Jerseyans — who will be getting more for their money
Governor Makes Pitch for His Spending Blueprint
WNYC News | March 15, 2018 | Budget
It’s all about ‘digging out’ of previous administration’s eight-year ‘gutting’ of government services, Murphy says
Murphy’s Proposed Budget, a Record $37.4B — and He Has Plans for All of It
John Reitmeyer | March 14, 2018 | Budget
Governor’s budget message holds few surprise — except, perhaps, the total — but draws a cool response from his own party
Crunching the Numbers
NJ Spotlight | March 14, 2018 | Budget
John Reitmeyer, NJ Spotlight’s budget and public finance writer, discusses the implications of Gov. Phil Murphy’s first budget on NJTV
The Big Things to Watch for in Murphy’s Inaugural Budget
John Reitmeyer | March 13, 2018 | Budget
New Jersey gets its first look at how governor plans to translate campaign promises into policies and spending priorities, as he issues his first state budget today
Ten Years On, New Jersey Employment Finally Back to Pre-Recession Level
John Reitmeyer | March 9, 2018 | Budget
Good economic news for Gov. Murphy as he prepares to present his first state budget next Tuesday
Sweeney Wants to Find Funds for Education by Bumping up Corporate Tax Rate
John Reitmeyer | March 7, 2018 | Budget
Senate president proposes raising CBT on companies that earn more than $1M to 12 percent, up from 9 percent. Governor wants to see more details before commenting
IRS-Proof? NJ Lawmakers’ Strategy to Preserve Small Business Tax Write-Off
John Reitmeyer | March 6, 2018 | Budget
Bipartisan legislators work to save thousands of small-business owners in New Jersey from being hit hard by GOP tax changes
Upping Rate of Return on Pension Investments Buys Murphy Breathing Room
John Reitmeyer | March 5, 2018 | Budget
A 0.5 percent boost will ease state pension payments and give new governor more cash in his first budget to spend on priorities like education and mass transit
South Jersey Dems Move to Protect Bistate Tax Deal with Pennsylvania
John Reitmeyer | February 26, 2018 | Budget
A reciprocal tax agreement between the two states could be canceled by the governor, but lawmakers want to give Legislature final say on whether deal can be killed
Startups, Incubators, Accelerators: Thinking Big About Small Business
John Reitmeyer | February 23, 2018 | Budget
New Jersey works to enhance business climate for fledgling companies by delivering support and services to help them thrive
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