by Todd DeFeo, The Center Square | February 24, 2021 11:00 AM Print this article In this March 2, 2020 file photo, New Jersey Gov. Phil Murphy speaks during a news conference in Ewing, N.J. On Wednesday, March 4, 2020, Murphy, Health Commissioner Judith Persichilli, and Acting Governor Sheila Oliver announced the first presumptive positive case of novel coronavirus, or COVID-19, in New Jersey. Seth Wenig/AP New Jersey Gov. Phil Murphy laid out a more than $44.8 billion spending plan for the 2022 fiscal year, one that increases spending but also anticipates revenue growth.
The budget includes more than $1.5 billion in new funding for pre-K-through-12 schools and more than $1.2 billion for “property tax relief programs.” It also incorporates a proposed $6.4 billion pension payment, an increase of $1.6 billion and what officials said is the first full contribution since 1996, and a $500 tax rebate to more than 760,000
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