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.
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.
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.
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.
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.
After being told repeatedly there's no money for their cause, advocates for COVID aid to unauthorized immigrants say there's now state and federal cash to use.
The state government is awash in cash and now anticipates a $10 billion surplus at the end of the month. It no longer will tap its rainy day fund for 2022.
Lawmakers have begun advancing a plan offered by Gov. Phil Murphy in the proposed budget to expand income eligibility by $10,000 for PAAD and Senior Gold.