NJ OMB - Office of Management and Budget (OMB)
WEBAug 13, 2024 · The Office of Management and Budget manages the State of New Jersey's financial assets and helps ensure that taxpayer resources are allocated efficiently and in accordance with state laws, regulations, policies and guidelines.
WEBOur budget will also provide over $700 million in direct relief to New Jersey families through the: Child Tax Credit, the Child and Dependent Care Tax Credit, and the Earned Income Tax Credit, among other programs.
Governor Murphy Signs Fiscal Year 2025 Budget into Law
WEBJun 28, 2024 · The $56.7 billion Fiscal Year 2025 (FY2025) budget, approved by the Legislature earlier in the day, provides significant direct property tax relief for homeowners and renters, yields the highest level of school funding in history, delivers a fourth consecutive full pension payment, and creates a new, dedicated funding stream – …
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 …
A Closer Look at What's in New Jersey's Proposed $56.6 Billion Budget …
WEBJun 27, 2024 · TRENTON, N.J. (AP) — 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...
New Jersey Gov. Phil Murphy signs $54B budget along with …
WEBJul 1, 2023 · TRENTON, N.J. — Gov. Phil Murphy on Friday night signed a $54.3 billion budget for New Jersey — a few hours before the deadline — capping a chaotic week in the process. Murphy signed the new...
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STATE OF NEW JERSEY
WEB5 STATE OF NEW JERSEY 7 9 INTRODUCED JUNE 28, 2023 11 By Senator Sarlo 13 15 AN ACT making appropriations for the support of the State Government and the several public 17 purposes for the fiscal year ending June 30, 2024 and regulating the disbursement thereof. 19 21 ANTICIPATED RESOURCES 23 FOR THE FISCAL YEAR 2023-2024 25 GENERAL FUND ...
Gov. Murphy signs record-setting $56.6B state budget - New Jersey …
WEBJun 28, 2024 · The spending lawmakers approved Friday will denude New Jersey’s surplus to roughly $6.2 billion. The state’s reliance on one-shot revenue items to support the record spending and some built-in cost increases are expected to expand the structural deficit to more than $3.5 billion in the following budget year, imperiling its reserves.
NJ budget, signed by Murphy, largest in state history. What's in it
WEBJun 29, 2021 · Gov. Phil Murphy on Tuesday signed into law a $46.4 billion budget brimming with new spending and pet projects Democratic lawmakers tucked into the spending plan just before they approved it....
Budget passes both chambers on near party-line votes - New Jersey …
WEBJun 29, 2022 · New Jersey’s Fiscal Year 2023 Budget was approved today on a largely party-line vote in both houses of the state legislature, with Democrats lauding the tax breaks and affordability measures the budget entails and Republicans countering that the relief provided isn’t nearly enough.