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Budget

Speakers at Budget Hearing Get Messages Across — Despite 3-Minute Clock

John Reitmeyer | March 21, 2019 | Budget

Students, parents, teachers explain how funding cuts will hurt districts, while those getting more cash celebrate new lease on educational life. Millionaire’s tax, other topics explored as well

Pascrell Tries to End Big Tax Break for Wealthy Investment Managers

John Reitmeyer | March 20, 2019 | Budget
Proposed legislation would change how federal government treats ‘carried interest.’ Congressman says no place for a ‘parallel tax code’ for the rich
Trenton Seeks $10M a Year to Offset Revenue Lost on Tax-Exempt State Buildings
John Reitmeyer | March 19, 2019 | Budget
Measure to reinstate ‘Trenton Capital City Aid’ clears Senate committee, looks to have the backing of Murphy administration
The Provocative Millionaire’s Tax: Its Potential (and Past) in NJ
John Reitmeyer | March 18, 2019 | Budget
Gov. Phil Murphy’s determination to try again for a true millionaire’s tax could make budget negotiations with fellow Democrats difficult. How many of them know the origin of his plan?
State Budget for 2020: Now It’s the Public’s Turn to Weigh In
John Reitmeyer | March 15, 2019 | Budget
Four legislative hearings on Gov. Phil Murphy’s $38.6B spending plan for the coming fiscal year will be held over the next two weeks
Are Camden’s Millions in Tax Incentives Benefiting Residents?
Michael Hill | NJTV News | March 15, 2019 | Budget
In poor city, praise for the economic opportunity the incentives spur, but some have doubts
Race Is on to Win Federal ‘Opportunity Zone’ Tax Incentives
John Reitmeyer | March 11, 2019 | Budget
Officials in communities across the state are studying how to jumpstart redevelopment with federal program’s tax breaks
Business Leaders Say They’re Falling Behind, Need State Help
Brenda Flanagan | NJTV News | March 11, 2019 | Budget
Chamber of Commerce head suggests lower taxes, an improved transportation infrastructure, and a lot less regulation required
With Aid from Trenton Flat, Municipal Officials Foresee Problems
Colleen O'Dea | March 8, 2019 | Budget
While inflation has risen 21 percent since mid-2007, total state aid to towns is down almost 11 percent over that time
Sweeney on Murphy Budget: He’d Like More Savings, No Millionaire’s Tax
John Reitmeyer | March 8, 2019 | Budget
Senate president also presses governor to quadruple planned subsidy for New Jersey Transit, to $100 million
Revenue Forecast Cut for FY2019 Income Tax, Shortfall Worries Eased
John Reitmeyer | March 7, 2019 | Budget
Administration does more than cut, bumps up corporate business-tax projections by nearly $700 million
Murphy’s Budget Is $1B Bigger than Last Year’s, Promises $1B in Savings
John Reitmeyer | March 6, 2019 | Budget
Governor’s proposal receives a far less hostile response from fellow Democrats than his budget last year, although they still seem at odds over possible tax hikes
Watch as Governor Explains His Proposed Fiscal Plan
NJ Spotlight | March 6, 2019 | Budget
If you missed the governor’s speech on his proposed budget — or the political reactions to it — you can catch up here
Panel Reacts to Governor’s Budget Address
NJTV News Online | March 6, 2019 | Budget
Different perspectives on Gov. Phil Murphy’s proposed spending and savings plan
Murphy Hits Brakes on Diversion of Funds from Housing, Energy Programs
Tom Johnson and Colleen O'Dea | March 6, 2019 | Budget
Siphoning of realty-transfer fees had cost affordable housing effort $300 million over last decade
Details Of What Budget Means for New Jersey’s Schools
John Mooney | March 6, 2019 | Budget, Education
A look at the specifics of a spending plan that boosts aid to districts by more than $200 million and pre-K funding by $68 million
Health Benefit Savings Play Big Role in Murphy’s Proposal
Lilo H. Stainton | March 6, 2019 | Budget, Healthcare
Governor says 2020 budget projects $1.1 billion in savings, largely from spending on employee healthcare
Five Things to Watch for in Governor’s Budget Address Tomorrow
John Reitmeyer | March 4, 2019 | Budget
How will Gov. Phil Murphy navigate the big-ticket items that have caused conflict with many of his fellow Democrats in the Legislature?
State Moves to Make Sure Private-Sector Employees Save for Retirement
John Reitmeyer | February 28, 2019 | Budget
New Jersey residents are living longer but not putting aside enough money to pay for food, utilities, healthcare, and other necessities
Dem’s Parking-Tax Proposal Almost Stalls in Assembly, Despite Party’s Majority
John Reitmeyer | February 26, 2019 | Budget
GOP argues that state residents are tired of new taxes. Apparently, some Democrats are listening
Is NJ’s $1.2B School Transportation System Ripe for Savings?
John Reitmeyer | February 20, 2019 | Budget
School districts spend more each year ferrying pupils than on school administration and capital improvements. A new report suggests big economies are possible
Motorists Could Face New Tax on Parking In Six NJ Cities
John Reitmeyer | February 15, 2019 | Budget
Assembly committee approves bill allowing local leaders to impose 3.5 percent levy on parking fees, raising revenue to boost safety around mass-transit stations
Immediate $20M Subsidy for NJ Horseracing Industry, Millions More Possible
John Reitmeyer | February 15, 2019 | Budget
Bipartisan support as governor signs legislation to help preserve industry’s ‘competitive edge.’ Potential for another $80 million over the next four years
NJ Seeks Advisor For Potential Deals Involving State Assets
John Reitmeyer | February 14, 2019 | Budget
Bridges, buildings, roads, parks all to be evaluated for their potential to help plug the hole in funding of New Jersey’s pension system
Comptroller’s Words on Tax Incentives Go Down Better than Governor’s
John Reitmeyer | February 12, 2019 | Budget
At a hearing yesterday, the State Comptroller painted a nuanced picture of New Jersey’s big tax-incentive programs that lawmakers — who support the programs — seemed to like
Lawmakers Approve Mechanism to Support Arts Through Property Taxes
Colleen O'Dea | February 5, 2019 | Budget
Measure OK’d by the Assembly would allow local governments to create dedicated tax levy for local artistic and cultural projects, pending voter approval
To Cheers, Murphy Signs $15 Minimum-Wage Measure
NJTV News Online | February 5, 2019 | Budget
Amid celebration, concerns are raised that wage boost could have ‘unintended consequences’ for some workers
$15 Minimum Wage on Verge of Becoming Law in New Jersey
John Reitmeyer | February 1, 2019 | Budget
Governor says he’ll sign compromise measure approved in Legislature yesterday elevating wages of low-paid workers nearly 70 percent by 2024
Investing Garden State’s Public Retirement Funds in Other States’ Farms
John Reitmeyer | January 31, 2019 | Budget
NJ pension officials finalizing $100 million stake in private-equity fund that specializes in buying and leasing farmland in West, Midwest and Mississippi Delta
A River of Cash: Analyzing NJ’s Multibillion-Dollar Revenue Streams
John Reitmeyer | January 30, 2019 | Budget
A new report calculates the billions of dollars that flow through the layers of government in the Garden State annually
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