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One for the Books: $125M Library Bond Issue on November Ballot
John Reitmeyer | July 25, 2017 | Budget
If the bond sale is approved, it will be the first sizable chunk of money NJ libraries have gotten since $45M grant program almost 20 years ago
Time to Take Another Crack at Closing the State’s Budget Gap?
John Reitmeyer | July 24, 2017 | Budget
Consensus forecasting, according to advocates, could eliminate the ‘April surprise’ that sends the state scrambling to make up funds when tax collection projections don’t match reality
Revised Federal Flood Insurance Program Looks to Sandy for Lessons Learned
John Reitmeyer | July 21, 2017 | Housing
Current NFIP is underwater with debt, overhaul would address that problem, be more responsive to homeowners, and cap the cost of annual increases
Absentee Train Engineers Keep NJ Transit’s ‘Summer of Hell’ at Low Boil
John Reitmeyer | July 20, 2017 | Transportation
Staffing problems have forced the agency to cancel 40 trains this week, as many as 64 all told this month
NJ Could Get More Bang for Tax Incentive Bucks Backing Startups, Not Older Firms
John Reitmeyer | July 19, 2017 | More Issues
New companies generally generate more jobs and continue to grow for years, while mature companies rarely deliver that sort of performance
Race to the Bottom: NJ Ranked Dead Last of All 50 States for Fiscal Health
John Reitmeyer | July 18, 2017 | Budget
Persistent underfunding of public-employee pension system looks to have been a key factor in dismal showings in state-by-state comparisons
Push to Find Funding for Local Journalism — While Trenton Is ‘out of Town’
John Reitmeyer | July 17, 2017 | Budget
Grass-roots effort to tap into cash from sale of public airwaves will continue through summer and into 2018 if need be, organizers say
Public Workers to Be ‘Made Whole’ for Time Lost During State Shutdown
John Reitmeyer | July 14, 2017 | Politics
Democratic legislative leaders have come up with a bipartisan bill that Christie's spokesman says he will sign to get back pay to state employees sidelined during budget impasse
Would Reforms to Small-Business Tax, Minimum Wage, Family-Leave Fix NJ Economy?
John Reitmeyer | July 13, 2017 | Politics
Nonpartisan group proposes a range of policy changes — including driver’s licenses and college tuition assistance for undocumented immigrants — to boost the state’s economy
Frelinghuysen Credited with $900M Aid to Gateway Tunnel, Other Transport Upgrades
John Reitmeyer | July 12, 2017 | Transportation
New House spending bill ignores Trump’s budget proposals, keeps funds in place for rail project and other infrastructure upgrades
American Dream Wakes Up: Financing in Place, Megamall Gets Busy Building
John Reitmeyer | July 11, 2017 | Planning
With almost $3 billion in place, backers and critics alike hope the long-stalled entertainment complex will start to deliver on some of the 23,000 expected construction jobs
Getting a Read on $125 million Library Bond Ballot Question
John Reitmeyer | July 10, 2017 | Politics
Advocates argue that Garden State libraries need to catch up on technologies like the Internet, but opponents claim the state is ‘already drowning in debt’
New Jersey’s Economic Outlook for 2018 Is So-So, Accountants Say
John Reitmeyer | July 7, 2017 | More Issues
CPAs are worried about election-year uncertainties, property taxes, the state’s credit rating, budget problems, and federal healthcare changes
Gov Touts Lottery as Answer to NJ’s Pension Problems, but Critics Deride Plan
John Reitmeyer | July 6, 2017 | Budget, Politics
A wise policy change? That depends on how the Lottery performs over the next 30 years
Budget Deadlock Stretches into Day 3, Thousands of State Workers Idled
John Reitmeyer | July 3, 2017 | Budget, Politics
Governor has summoned lawmakers back to Trenton for morning meeting; Prieto and Horizon CEO agree to try to talk through differences
State Government Goes Dark
John Reitmeyer | July 1, 2017 | Budget, Politics
Lights out in Trenton as frustrated horse-trading can’t break the deadlock over state budget, leading to first government shutdown in more than a decade
Showdown or Shutdown: Will Dems Deliver on Deal Sweeney Cut with Christie?
John Reitmeyer | June 30, 2017 | Budget
In return for passing the Horizon and Lottery-transfer bills, the governor says he’ll sign the budget — and keep his veto pen to himself. Meanwhile, the budget-countdown clock keeps ticking
Extensive and Expensive: Coming to Terms with NJ’s Fiscal Challenges
John Reitmeyer | June 29, 2017 | Budget
First report in a new series takes a nonpartisan approach to fixing the state’s financial faults, from cutting back on retiree benefits to boosting the sales tax
Business Leaders Meh About NJ’s Prospects But Optimistic for National Economy
John Reitmeyer | June 28, 2017 | More Issues
Executives are perturbed about New Jersey’s high taxes and the state government’s approach to business
Budget Committees in Upper and Lower Chambers Approve $34.7B Spending Plan
John Reitmeyer | June 27, 2017 | Budget
But even if plan passes full Legislature and goes to Christie in time, could New Jersey still be facing a government shutdown?
Getting Ballot Question on the Books for $125M Bond Sale for Local Libraries
John Reitmeyer | June 26, 2017 | Budget
If the lawmakers, governor, and residents go for it, bonds would fund matching grants to help libraries with capital projects
Budget Stalemate Threatens 2018 Transportation Projects Worth $4B
John Reitmeyer | June 23, 2017 | Transportation
As governor and Democratic leaders remain at odds over state budget, $4 billion in Transportation Trust Fund spending also hangs in the balance
Increasing Fiscal Transparency by Tracking, Reporting on Unspent Funds
John Reitmeyer | June 22, 2017 | Budget
Bipartisan effort would keep tabs on money allocated to programs and endeavors that is sometimes left to languish in various state accounts
NJ Representatives Lead Bipartisan Push to Preserve Income-Tax Deduction
John Reitmeyer | June 21, 2017 | Politics
In letter to Trump administration, Lance, Pascrell, and other members of Congress lobby in favor of policy that lets taxpayers deduct state and local taxes from federal returns
Sweeney, Prieto to Christie: School Funding First, then We’ll Do the Budget
John Reitmeyer | June 20, 2017 | Budget
Legislative leaders want governor to agree to school-aid formula independent of budget, so Christie can’t line-item veto changes he doesn’t like in the spending plan
Mission Impossible? Bramnick, Prieto Want to Make NJ Politics More Polite
John Reitmeyer | June 19, 2017 | Politics
Assembly leaders shake hands on a proposal to take some of the anger and insults out of the Garden State’s brand of hardball politics
NJ Treasurer Pitches Plan to Use Lottery to Help Prop Up Public-Worker Pensions
John Reitmeyer | June 16, 2017 | Budget
Some lawmakers appear receptive to idea; others want Wall Street to vet the scheme, while union skepticism makes itself heard
Judge Rules Against Lawmakers Trying to Stop $300M State House Repairs
John Reitmeyer | June 15, 2017 | Politics
Decision paves the way for renovation project to begin but legislators not ready to concede defeat, might appeal
Menendez, Other Senators Call for Major Reforms in Flood Insurance Program
John Reitmeyer | June 14, 2017 | Housing
Sandy victims pleased as proposed changes include capping homeowners’ premiums and limiting insurance company profits
2% Salary Cap for Police, Firefighters to Expire, Dems Block Debate on Renewal
John Reitmeyer | June 13, 2017 | Budget
Municipalities alarmed at financial consequences for local governments if cap goes while 2 percent property tax levy remains in place
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