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Christie’s Budget Address: Mixed Message to State’s Democratic Lawmakers
John Reitmeyer | February 17, 2016 | Budget, Politics
Governor appears to leave room for bipartisan cooperation, but some caveats and warnings are vintage Christie
More People Covered by Obamacare Means Less Money for Charity Care
Lilo H. Stainton | February 17, 2016 | Budget, Healthcare, Politics
Christie cuts budget for second straight year; urban hospitals call for better targeting of funds
Christie’s New Budget Plan: Same Old Diversions from Clean Energy Fund
Tom Johnson | February 17, 2016 | Budget, Energy & Environment, Politics
Few consumers understand that when they pay their utility bills, their money helps keeps lights on at state facilities and cover costs for NJ Transit
Governor’s Plan Offers Barely More Aid to Schools – But It Could Be Worse
John Mooney | February 17, 2016 | Budget, Education, Politics
Education advocates say 1 percent increase is inadequate but at least better than cuts they feared
The List: What to Watch and Listen for in Governor’s Budget Address Today
John Reitmeyer | February 16, 2016 | Budget, The List
What will Christie propose to deal with state pensions, transportation funding, taxes and other pressing fiscal issues?
Christie-Appointed Panel Pans State Pension Plan Touted by Democrats
John Reitmeyer | February 12, 2016 | Budget
Commission’s report calls for reforms it says are needed to reduce costs of public-employee benefits
Lawmakers Push to Return Utility Tax Funds to Hard-Pressed Municipalities
John Reitmeyer | February 9, 2016 | Budget
Bipartisan bill aims to ease local property tax burden by phasing out diversion of revenues to state coffers
Depleted Transportation Trust Fund Creates Fiscal Crisis for Municipalities
John Reitmeyer | February 4, 2016 | Budget, Politics, Transportation
While lawmakers and administration bicker, mayors don't know how much to budget for road maintenance -- or where the money will come from
Slight Hike in Tax Revenue Adds Up to Projected Surplus for State Coffers
John Reitmeyer | February 3, 2016 | Budget
But slight budget cushion forecast for first six months of fiscal year may not be enough to justify dropping state’s estate tax
Democrats Look to Close Corporate-Tax Loophole Used to Shield Profits
John Reitmeyer | January 29, 2016 | Budget
Combined reporting requirement would prevent big firms from shifting income to states with lower tax rates
NJ Pension Officials, Citing Better Returns, Defend Alternative Investments
John Reitmeyer | January 28, 2016 | Budget
But they agree to address concerns about millions in fees paid to private fund managers
Moody’s Again Warns Investors to Be Wary of Uncertain Finances in NJ
John Reitmeyer | January 26, 2016 | Budget
Credit-rating agency cites uncertain outlook for employee pension payments, transportation fund
Without a 'Rainy Day Fund,' New Jersey Could Be Hurt By Another Big Recession
John Reitmeyer | January 7, 2016 | Budget, Politics
Conservative think tank faults state's ‘recession readiness’ just as lawmakers start to make plans for new tax cuts, investments, borrowing
Prieto, Sweeney Split Over Revenue Sources for Transportation Trust Fund
John Reitmeyer | January 6, 2016 | Budget, Politics, Transportation
Democratic leaders disagree over how much money should come from borrowing, how much from 'pay-go' sources like higher taxes at the pump
Acting Treasurer’s Final Approval Still Pending While State Budget Battle Looms
John Reitmeyer | January 5, 2016 | Budget, Politics
Assailed by Sweeney for inexperience and ties to key figure in ‘Reaganomics,’ Christie nominee may have trouble winning confirmation
Senate President Revamps Payment Plan for Closing Deficit in Pension Fund
John Reitmeyer | December 18, 2015 | Budget, Politics
Sweeney’s tweak of proposed constitutional amendment may make plan more viable politically, but GOP leaders say it would just result in higher taxes
GOP Lawmaker Proposes Alternate Way to Replenish Transportation Fund
John Reitmeyer | December 15, 2015 | Budget, Politics, Transportation
But key component – 3 percent annual hike in state’s revenues -- is uncertain, based on past decade’s average growth of under 1 percent
Trio of Proposed Ballot Questions Could Reshape NJ’s Financial Future
John Reitmeyer | December 14, 2015 | Budget, Politics
Constitutional amendments in committee would beef up Transportation Trust Fund, make required payments to state-employee pensions, and extend gambling across NJ
Sweeney Seeks Constitutional Amendment to Fund State Pensions
John Reitmeyer | December 10, 2015 | Budget, Politics
Christie, others deride ballot question, arguing that if passed it will lead to higher taxes, drastic cuts to other programs
Bill Lowering Sales Tax on Boat Purchases Awaits Governor’s Signature
John Reitmeyer | December 8, 2015 | Budget, More Issues, Transportation
While supporters contend lower rates in other states have hurt state’s boat industry, foes argue tax break benefits only the wealthy
Democrats Push to Make More Retirement Income Exempt from State Taxes
John Reitmeyer | December 7, 2015 | Budget, More Issues, Politics
Higher thresholds in neighboring states said to spur many older residents to leave New Jersey
State Tax Revenue Exceeds Projections, but Treasury Keeps Information to Itself
John Reitmeyer | November 17, 2015 | Budget
NJ Spotlight submits OPRA request to get administration to release dollar-to-dollar comparisons that it refuses to publish on its website
State’s Property Tax Relief Program Operates According to Its Own Calendar
John Reitmeyer | November 4, 2015 | Budget
Due to Christie administration’s budget juggling, credits scheduled to be applied to tax bills in May 2016 are for taxes homeowners paid way back in 2013
Senate Democrats Call for More Spending in Key Areas to Stoke NJ Economy
John Reitmeyer | October 20, 2015 | Budget, Politics
Christie, Republicans suggest announcement of 'Investing In You' initiative is nothing more than a plan to increase taxes
State’s Tax Revenues for First Quarter Offer Reason for Cautious Optimism
John Reitmeyer | October 19, 2015 | Budget
Five percent hike bodes well for budget, but quirk in calendar, change in reporting method may skew numbers
Survey Faults NJ, Other States for Lack of Long-Term Budget Planning
John Reitmeyer | October 16, 2015 | Budget
Budgetary best practices, according to think tank, mean making multiyear projections for both anticipated tax revenues and spending
Transportation Funding Debate Revolves Around Economic Impact of Tax Cuts
John Reitmeyer | October 13, 2015 | Budget
Democrats argue infrastructure upgrades are key to fiscal growth; Republicans contend dropping ‘death taxes’ will encourage wealthy to stay in NJ and invest in state’s growth
Superior Court Scuttles Hopes of Pension Trustees for Legal Settlement
John Reitmeyer | October 9, 2015 | Budget
Judge rules that state Supreme Court decision in related case applies to this legal action as well; plaintiffs could still appeal to NJ’s highest court
Would Lowering Tax on Boat Sales in NJ Turn Tide for Struggling Industry?
John Reitmeyer | October 2, 2015 | Budget, Politics, Transportation
Critics say it would mostly benefit the affluent while advocates say it would boost marinas, repair shops and other maritime-related businesses
Lower Returns on State’s Pension Investments Raise Questions, Concerns
John Reitmeyer | September 24, 2015 | Budget
Officials say 4 percent gain is still better than most similar plans, but state workers worry about impact on severely underfunded system
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