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Budget

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
Lawmakers Mull ‘Unintended Consequences’ Of Minimum Wage Hike
Colleen O'Dea | January 30, 2019 | Budget, Politics
Raising the wage floor to $15 an hour could make some workers and families ineligible for state and federal assistance programs
Dems, GOP Take Credit for Putting Lid on NJ Property Taxes, but Can Lid Stay On?
John Reitmeyer | January 28, 2019 | Budget
School aid, police and firefighter salaries, and public-worker healthcare contributions all could influence what homeowners pay
Audit Sparks Overlapping Probes Into State Business Incentive Programs
Colleen O'Dea | January 25, 2019 | Budget, Politics
Two investigations — a task force empaneled by Gov. Phil Murphy and a joint hearing scheduled by the Legislature — are announced hours apart
Emotional Testimony as $15 Minimum Wage for NJ Passes First Legislative Stage
John Reitmeyer | January 25, 2019 | Budget, Politics
Assembly committee votes along party lines to approve bill to raise wage after workers and employers testify about its impact on them
Treasury Not Worried About Slow Revenue Growth in Early FY2019 — Should It Be?
John Reitmeyer | January 22, 2019 | Budget
Despite tepid growth in tax revenues thus far in the fiscal year, Treasury Department optimistic surge is coming in second half of year
$15 Minimum Wage for NJ: Governor, Democratic Leaders Finally Make A Deal
John Reitmeyer | January 18, 2019 | Budget, Politics
Agreement after weeks of negotiations. Incremental increases from now until 2024. But carveouts for farmworkers and some other workers
Governor Goes Out to Drum Up Support for Changing — and Capping — Tax Incentives
John Reitmeyer | January 17, 2019 | Budget
Against a backdrop of tepid support from Democratic legislative leaders, Murphy makes case for overhauling New Jersey’s big tax breaks
State of the State: Murphy Doubles Down on Push to Fix Economic Incentive Program
John Reitmeyer | January 16, 2019 | Budget
During a rebuttal news conference, GOP lawmakers push back on the governor’s anti-Christie theme
Audit Raises Red Flags over Control of NJ’s Massive Tax-Incentive Programs
John Reitmeyer | January 10, 2019 | Budget
Troubling questions about oversight and value to taxpayers of multibillion-dollar awards that are supposed to incentivize job creation and retention
Top Reports: Experts Say Big Cuts Needed to Make State Fiscally Stable
John Reitmeyer | December 26, 2018 | Budget, Winter 2018
Senate President Steve Sweeney convened a nonpartisan group to examine New Jersey’s ledgers. They prescribed some harsh medicine, including cuts to public worker benefits
Governor Vetoes Sweeney Plan on Health Benefits for County Colleges, Employees
John Reitmeyer | December 18, 2018 | Budget
This is the latest skirmish over employee benefits between the first-term Democratic governor and legislative leaders from his own party
Bipartisan Bid to Help Small Businesses Avoid Trump Tax Hit
John Reitmeyer | December 17, 2018 | Budget
State lawmakers believe there’s a way to help small-business owners get around a Trump change to the federal tax code that hits them hard. It could benefit as many as 270,000 New Jerseyans
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