The Murphy administration has adjusted budget plans to account for the pandemic’s impact on state revenues, but wants greatly expanded borrowing authority; will legislators agree?

Nonpartisan Office of Legislative Services predicts less daunting shortfall on same day that Treasurer Elizabeth Maher Muoio tells lawmakers why major changes needed in budget

Investment returns for first 10 months of fiscal year edge into negative territory; value of pension funds in April drops to $74B, down almost $6B

[Updated: May 26, 2020] State Treasurer Elizabeth Maher Muoio outlined spending cuts, deferrals on Friday; three-month supplemental budget plan must be adopted next month

Retaining independent counsel to aid with bond issues not unusual, but some lawmakers say Murphy has run afoul of constitutional limits this time out

Proposal easily clears Legislature, but Murphy has been hard to read on plan that taps new federal benefits allowing furloughed workers to offset lost wages ...

April tax revenues plummeted 60% as pandemic began to take hold, and as tax deadlines were delayed

Two measures pending in state Assembly would allow towns and counties to borrow to get past the crisis

Food banks and other services are needed more than ever, even as the public-health crisis cuts down on contributors and what they can afford to ...

The plan, which is stalled in the Legislature, cites NJ Constitution’s provision for tight restrictions on borrowing to be relaxed in wartime or during major ...