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NJ budget 2023: Projected tax revenues to soften predicted recession

New Jersey will collect about $7 billion extra dollars this year and next, officials say. Here s how they might spend it.

New yorkUnited statesNew jerseyPhil murphyPaul wood jrPaul sarloMike testaDustin racioppiNicholas scutariSheila reynertsonAaron binderDavid drescherDustin racioppi trenton bureauAppropriations committeeOffice of legislative servicesTreasury department

NJ budget 2023: Projected tax revenues to soften predicted recession

New Jersey will collect about $7 billion extra dollars this year and next, officials say. Here s how they might spend it.

New yorkUnited statesNew jerseyPhil murphyPaul wood jrPaul sarloMike testaDustin racioppiNicholas scutariSheila reynertsonAaron binderDavid drescherDustin racioppi trenton bureauAppropriations committeeOffice of legislative servicesTreasury department

Unprecedented tax revenues add twist to budget battle

The budget debate in Trenton took another unexpected turn Monday, as officials revealed unprecedented tax revenue figures.

New jerseyUnited statesMichael testaPhil murphyDavid drescherDeclan oscanlonPaul sarloOffice of legislative servicesProperty tax programSenate republicansSenate budget appropriationsSenate republican budgetSenate republican leader steven orohoAssembly speaker craig coughlinLegislative servicesAppropriations chairman paul sarlo

New Jersey rakes in $6 9B more in tax revenue than expected: Unprecedented

New Jersey’s tax revenues are $6.9 billion over what Gov. Phil Murphy projected just months ago, the New Jersey Office of Legislative Services announced on Monday.

United statesNew jerseyCraig coughlinDonald trumpPhil murphyDavid drescherJoe bidenJersey senate minority leader steven orohoJersey office of legislative servicesFederal reserveNew jersey officeLegislative servicesNew jersey general assemblyPresident donald trumpState legislaturesFinance and economy

Bigger tax relief likely amid unprecedented NJ revenue surge

The Murphy administration says revenues in the current and upcoming years will be $7.8 billion higher than it expected in March.

New jerseyUnited statesPine hillPine valleyMartin poethkePhil murphyPaul sarloMike testaMichael symonsElizabeth maher muoioAaron binderDavid drescherLegislature revenueSenate budgetOffice of legislative servicesJersey office of revenue

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