New Jersey

Gov. Phil Murphy's budget plan includes $447 million of revenue from proposed income tax rate hikes for the highest earners.

New Jersey lawmakers should protect a planned $1.2 billion budget surplus while crafting the 2020 budget, according to Elizabeth Maher Muoio.

The massive New Jersey and New York agency announced a new underwriting pool for its plans to issue $8 billion of bonds over the next three years.

Any shortfall will make it harder to meet revenue targets in Gov. Phil Murphy's fiscal 2020 budget proposal.

Gov. Phil Murphy signed into law a bill enabling municipalities to create utilities to manage stormwater runoff.

Gov. Phil Murphy’s $38.6 billion budget proposal sets the stage for near-term stabilization of the state’s weak credit conditions, according to analysts.

A heavy focus on expenditure savings in Gov. Phil Murphy’s $38.6 billion budget proposal positions the state to withstand less revenue growth, according to the ratings agency.

New Jersey Gov. Phil Murphy and a coalition of state lawmakers agreed to legalize recreational marijuana in a package that sets out tax rates.

New Jersey Gov. Phil Murphy’s second proposed budget relies on tax increases to fund his policy initiatives.

Sen. Chuck Schumer, D-N.Y., is making an end run around the Trump administration and proposing a legislative solution to jump-start the Gateway project.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

The head of the entity overseeing the Gateway initiative lays the delays at the foot of the Trump administration.

Gov. Phil Murphy’s administration says the revenue shortfall is driven largely by federal tax law changes the GOP passed in 2017.

New Jersey and Delaware agreed on a plan to raise tolls to fund capital improvements on a key northeast transportation link.

New Jersey Transit agreed to make back payments to Amtrak in a settlement both sides say will pave the way for infrastructure improvements.

An unexpected tax appeal settlement with Atlantic City's Hard Rock Hotel & Casino will steer financial resources away from the city's recovery efforts.

Gov. Phil Murphy’s administration issued an RFQ for an advisor to evaluate using state-owned assets to stabilize its pension system.

Moody's Investors Service upgraded Newark to Baa2 from Baa3.

Strong 2018 numbers at the Port Authority of New York and New Jersey underscore the importance of its capital investments, officials said.

Gov. Phil Murphy wants a major overhaul of what he sees as wasteful, ineffective tax incentive programs.