Sorry, Connecticut! NJ long-term finances no longer rank worst
An annual report from the think tank Truth in Accounting finds New Jersey's long-term debt, pension and health-benefits bills amount to $58,300 per taxpayer.
state budget
'A reckoning is coming': Report says NJ finances still in crisis
The Garden State Initiative, a conservative think tank, concludes in a new report that New Jersey's long-term financial picture hasn't yet improved.
NJ tax revenues soared 17% in past year, up nearly $6 billion
Total revenues for the 13 months ending in July were $40.8 billion. July collections each year get split between the past and new fiscal years.
NJ boosting TAG awards more than $2,000 for some college students
An extra $35 million in the state budget will mean larger needs-based Tuition Aid Grant awards in the coming year.
NJ awards over $35 million in arts grants, as arts budget doubles
The State Council on the Arts approves $28 million in state funds and $7.5 million in federal funds, with another $4 million for capital projects to come.
Porkapalooza or reflecting NJ needs? Legislature approves budget
New Jersey’s most unusual state budget season ended in standard fashion , with the $46.4 billion plan sent to Gov. Phil Murphy’s desk in a party-line vote.
'Shameful' NJ budget process rushes toward approval Thursday
A 280-page bill spending $46.4 billion was available to lawmakers roughly 15 minutes and the public 10 minutes before it was taken up for votes.
NJ putting aside $3.7B to pay down and avoid more state debt
New Jersey's bonded debt is approaching $50 billion, including the $3.7 billion the state borrowed in November when it thought COVID would wreck its revenues.
13 things to know about NJ state budget racing toward approval
The 2022 state budget appropriates $46.4 billion, including $6.9 billion toward pensions. There's no extra money toward NJ Transit or the school aid formula.
Senate GOP says NJ budget windfall should go back to taxpayers
The state already plans to pay rebates of up to $500 to families this summer. Republicans suggest some of the $10 billion surplus should be used similarly.