Gov. Murphy will likely need a plan to make up for sagging Lottery pension contributions in next budget
The new law that allows for billions to be borrowed without voter approval could add a decade’s worth of debt in one year
NJ Tax Collections Down for Third Month in a Row, But Treasury Looks for Boost from July 15 Income-Tax Payments
Officials anticipate this week’s collections will help offset $3 billion budget gap, acknowledge uncertainty given that ‘more taxpayers than usual will request extensions’
Last-minute bid for changes to legislation fails; some lawmakers sought to ensure Black and Latino representation on panel that will review borrowing proposals
Administration getting ready to start digging out of the budget hole created by COVID-19 pandemic, but Republicans warn of looming court challenge
[Updated: July 15, 2020] A compromise bill cleared a committee Tuesday ahead of final votes later this week. Gov. Phil Murphy is ready to sign ...
Now that administration has done a major reworking of earlier legislation based on deal between Murphy and Sweeney, new bill is expected to sail through ...
Originally due on April 15, the tax payments will reflect last year’s robust economic activity
Agreement between governor and Senate President Steve Sweeney would require special legislative committee to OK the borrowing
In final report, team also addresses enhancing administrative oversight and transparency, refers more than $500 million in tax breaks to EDA for review