Credit: (Edwin J. Torres/ NJ Governor s Office/CC BY-NC 2.0)
Gov. Phil Murphy delivers his pre-taped budget message.
It’s become a perennial education photo-op in New Jersey.
Two days after the governor presents a state budget to the Legislature, the administration by law must release how state aid will break down for public school districts in what is the single biggest slice of that spending plan.
As part of the pageantry associated with that much-anticipated release, a gubernatorial visit is paid to a local district that is among the biggest winners.
On Thursday, it was a Fair Lawn middle school chosen for the stop, as Gov. Phil Murphy took to the road to sell his $45 billion budget plan, which includes more than $600 million in additional funding for public schools.
Next year s school aid: Two-thirds gain funds, one-third lose
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Next year s school aid: Two-thirds gain funds, one-third lose
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Credit: (Edwin J. Torres/ NJ Governor s Office/CC BY-NC 2.0)
Gov. Phil Murphy delivers his pre-taped budget message.
On Tuesday, Gov. Phil Murphy unveiled a nearly $45 billion spending plan for the budget year that begins July 1. That’s a 10% increase in year-over-year spending. Here is a breakdown of some of the key parts of his budget proposal, which now heads to the Legislature for approval before July 1.
No new taxes
Unlike prior budgets proposed by Murphy, there are no new taxes or tax hikes to directly support this latest proposed spending increase. A combination of money raised recently through borrowing, aid from the federal government and an overall brightening tax outlook has, at least temporarily, eased the pressure for new taxes. However, Republicans are arguing that other Murphy policies will lead to payroll tax increases scheduled to hit during fiscal year 2022.