NJ Budget: Murphy’s spending plan by the numbers

A breakdown of what the governor wants to spend in key areas

NJ Spotlight News | February 27, 2025 | Budget

Gov. Phil Murphy on Tuesday proposed a $58.05 billion budget for the 2026 fiscal year, including increases in several key areas.

Below is a breakdown of the numbers for education, transportation, health care and affordability.

The plan next goes to the Legislature for its review and deliberation, with a deadline for a final budget by June 30.