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State funding hasn't kept pace with expenses, and will continue to be constrained by other fiscal priorities.
December 6 -
Gov. Phil Murphy’s administration is exploring a large bond sale to fund equipment upgrades for the commuter rail and bus system.
November 5 -
The New Jersey Department of the Treasury released $53.7 million of $104.8 million in suspended transitional aid.
November 4 -
Phil Murphy wants to put a $500 million bond referendum before voters to help pay for making the state’s water systems lead-free.
October 15 -
New Jersey Gov. Phil Murphy is targeting voter-approved bond funding to tackle lead remediation projects at schools throughout the state.
October 8 -
Variables related to other post-employment benefit liabilities jeopardize core services in the tri-state area, said the Manhattan Institute.
October 8 -
Two incentive programs expired on July 1, and Gov. Phil Murphy vetoed a bill to extend them unchanged.
September 13 -
State Senate Majority Leader Loretta Weinberg discusses a proposed millionaire’s tax, transportation funding, pension liabilities, the long-stalled Gateway project and other topics impacting New Jersey’s financial future. Andrew Coen hosts.
September 3 -
New Jersey produced enough fuel revenue last year to avoid a third gas tax increase in four years, according to State Treasurer Elizabeth Maher Muoio.
August 29 -
Federal funding would be reduced to 44% from 49% of the cost of the Gateway project, which had been blocked by the Trump administration.
August 26 -
The Garden State kicked off the new fiscal year on a strong note as July’s major tax collections rose 12% compared to July 2018.
August 15 -
The governor acted after an independent review found that his former appointee stacked the authority with family and cronies.
July 24 -
Garden State Initiative founder Regina Egea, a chief of staff under former Gov. Chris Christie, explores pressing fiscal challenges facing New Jersey. Hosted by Andrew Coen.
July 9 -
New Jersey Gov. Phil Murphy signed a $38.7 billion 2020 fiscal year budget Sunday excluding a millionaire’s tax he has long campaigned for.
July 1 -
It’s Democrat vs. Democrat with Gov. Phil Murphy and legislative leaders debating competing spending plans as the July 1 deadline quickly approaches.
June 24 -
Democratic lawmakers scrapped Gov. Phil Murphy’s millionaire’s tax proposal and pitched their own budget plan just two weeks before a July 1 deadline.
June 18 -
Online wagers dominate in-person bets to drive New Jersey's still-modest but rising take from sports betting.
June 14 -
New York and New Jersey lawmakers are looking to steer funding for a new Gateway rail tunnel by expanding the role of an agency charged with coordinating funding for the long-stalled Hudson River project.
June 11 -
Soaring liabilities for post-employment benefits other than pensions are adding further weight to the state’s fiscal challenges.
June 6 -
Moody’s Investors Service named New Jersey and Illinois as the two states least prepared for a recession.
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