NJ Gov Signs $56.6 Billion FY 2025 Budget Into Law
WEBJul 4, 2024 · New Jersey Governor Phil Murphy signed a $56.6 billion spending plan that includes a significant tax hike on the state’s largest corporations to fund public transportation. Starting July 1, the...
Governor Murphy Signs Fiscal Year 2025 Budget into Law
WEBJun 28, 2024 · With this budget, the State has increased overall K-12 support to New Jersey’s public schools by more than $3.5 billion over seven years, a more than 40 percent increase, all of which helps offset local property taxes.
Murphy signs record N.J. budget with tax hike, property tax …
WEBJun 28, 2024 · It’s bolstered by a new tax hike on large companies, includes some new funding for property-tax relief, and features big money for public schools and pensions.
Gov. Murphy signs record-setting $56.6B state budget • New Jersey …
WEBJun 28, 2024 · Unlike the federal government, New Jersey must balance its budget. The swelling structural deficit and waning surpluses could presage the need for severe cuts or tax increases in the next governor’s first year in office.
Tax hike speeds ahead in late-night vote on record N.J. budget
WEBJun 27, 2024 · Facing a deadline just days away, New Jersey lawmakers Wednesday night introduced and quickly began approving a record new $56.6 billion state budget that’s backed by a new tax hike on large...
NJ 2025 state budget passes, signed into law by Phil Murphy
WEBJun 28, 2024 · A $56.6 billion spending plan for New Jersey that puts in place a new tax to fund NJ Transit, makes a full pension payment and covers the state's school funding formula was signed by Gov....
New Jersey lawmakers advance $56.6 billion budget, hiking taxes …
WEBJun 27, 2024 · TRENTON, N.J. (AP) — New Jersey lawmakers unveiled and advanced on Wednesday a $56.6 billion budget, up 4.2% over the current year’s spending plan, hiking taxes on high-earning businesses and allocating …
NJ taxes: Governor Phil Murphy signs new budget to hike taxes …
WEBJun 29, 2024 · TRENTON -- New Jersey Democratic Gov. Phil Murphy signed a $56.6 billion budget moments before midnight Friday, hiking taxes on high-earning corporations to help the state's transit agency...
A closer look at what's in New Jersey's proposed $56.6 billion budget …
WEBJun 27, 2024 · New Jersey lawmakers are poised to send a $56.6 billion fiscal year 2025 budget to Democratic Gov. Phil Murphy this week, hiking taxes on high-earning businesses and funding a host of the state services and programs.
Official Site of The State of New Jersey - The Official Web Site for ...
WEBFeb 27, 2024 · Governor Murphy’s proposed budget includes more than $3.5 billion in direct property tax relief. The budget proposal once again funds the successful ANCHOR Property Tax Relief Program, which provided $2.2 billion to more than 1.9 million residents in the most recent filing season.
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