Despite increasing taxes, the Nutmeg State has suffered budget shortfalls and credit-rating downgrades. What lessons can NJ learn from its neighbor?

A series that details the fundamentals of New Jersey's budget, as well as its current budget woes

A series that details the fundamentals of New Jersey's budget, as well as its current budget woes

State expects to put $2.5 billion into pension system in 2018 fiscal year, still far short of what’s needed to restore it to good health

Republicans argue if interest arbitration cap is allowed to expire, salary increases won by public-safety employees could mushroom

NJ Treasury officials follow IRS lead, extend filing deadlines for those hit by Harvey, Irma who have financial links with Garden State

Pointing to recent lack of substantive legislation, members of business community argue that high taxes and underfunded pension system aren’t taking a summer break

Besides translating into millions of much-needed dollars, new rules also put in place much-needed consumer protections

Credit-rating agency also warns of difficulties servicing growing pension payments, but does not reduce state’s A3 ranking

Although tax revenue from Internet gaming has not met some supporters’ projections, it’s becoming a reliable source of cash for the state’s annual budget