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Budget

No ‘April Surprise’ in State Taxes, Budget Strain Remains for Murphy and Lawmakers
John Reitmeyer | May 22, 2018 | Budget
Hopes fizzled in State House that last month’s income taxes would rise above projections and ease disagreements over governor’s budget plan
Oliver Defends Murphy’s Flat Funding for Municipalities and His Raid on Housing Aid
John Reitmeyer | May 17, 2018 | Budget
Lt. Gov. blames budgetary constraints for failure to boost aid, says administration will help local officials in other ways
Leading Democrat Adamant There’s Going to Be No Government Shutdown
NJTV News | May 16, 2018 | Budget
‘As much as people would love to see’ governor and Democrats in Legislature fail to agree a budget, Sen. Sarlo says it’s not going to happen
NJ Lawmakers Hope to Cash in Fast as Supreme Court Rules in Favor of Sports Gambling
John Reitmeyer | May 15, 2018 | Budget
New Jersey’s dogged quest to enable legalized sports betting pays off with major court win. Now there’s a bipartisan effort in Trenton to push through legislation and top up state coffers as a result
Law Lets Local Governments Treat Property Taxes as Charitable Contributions
John Reitmeyer | May 7, 2018 | Budget
Mayors are happy with new workaround, and state’s congressional delegation says it’s willing to fight for it, but nonprofits think it could kill charitable giving they depend on
Murphy’s Latest Executive Order Looks to Crack Down on Misclassified Workers
John Reitmeyer | May 4, 2018 | Budget
EO would create task force to identify companies classifying full-time workers as independent contractors, a practice that costs state some $9 million every year
Is a Tax Amnesty for Delinquent Filers in the Offing for New Jersey?
John Reitmeyer | April 22, 2018 | Budget
If passed by Legislature, the proposal would eliminate some fines and penalties, but would not reduce the principal owed
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
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