New Jersey

NASBO Executive Director John Hicks said that deposits made to rainy days funds from budget surpluses will likely bring the total to more than $58 billion for fiscal 2018.

Such a move might allay fears in the capital markets while removing lawmakers from decision-making, according to consultant Jim Millstein.

New Jersey Gov. Phil Murphy cut an education bond measure to $500 million from $1 billion.

Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.

The proposed Treasury rules would limit states' use of charitable deductions as workarounds for the $10,000 cap on the federal deduction for state and local taxes.

The state is still measuring tax revenue from sports betting in the thousands of dollars.

Former New Jersey State Senator Ray Lesniak discusses his lengthy journey fighting to legalize sports betting and the revenue impact wagers will have on the Garden State and nationally. Andrew Coen hosts.

Moody's Investors Service raised the county to Aaa from Aa1.

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

Two new Atlantic City casinos and the debut of legalized sports betting boosted the gambling take.