(AP Photo/Keith Srakocic)Total state receipts grew 4.8% year over year, according to Treasury
(AP Photo/Keith Srakocic)Total state receipts grew 4.8% year over year, according to Treasury
(AP Photo/David Zalubowski)Sales are increasing. So too are NJ sales taxes
(AP Photo/David Zalubowski)EVs were exempt from sales taxes. Now buyers will pay half of standard tax
(AP Photo/Matt Rourke)Revenues from income tax and sales tax up, revenues from realty transfer tax decline
(NJ Legislature)It’s ‘all just a hypothetical,’ budget committee leader assures

Business leaders argue against Murphy proposal to use new corporate fee
Ted Goldberg/NJ Spotlight NewsQuestions swirl about the volatility of a levy on corporate profits

Necessary reforms include the creation of multiyear budget assessments and regularly ‘stress-testing’ budgets to better prepare for economic changes
(AP Photo/Matt Rourke)More than $675M in routine spending adjustments help balance out reduced revenue from income, sales and corporation business taxes
(Arek Socha/Pixabay)The 2023 holiday shopping season boosted state tax receipts but overall revenue collections are down
(AP Photo/Matt Rourke)Cash infusion would help pay down debt, bolster rainy day fund and could even earn NJ a better grade from bond-rating firms
NJ Spotlight NewsFrom Aug. 27 to Sept. 5 no sales tax on school supplies, pre-K through college

NJ Treasury reports an increase in revenues for all of the state’s major taxes in August

Program to stimulate business growth in urban communities went unfunded for a decade

Revenues from income and corporate business taxes declined, but revenues from the sales tax increased in October.

Social justice advocates say the bill won't raise the tax revenue expected, but will actually send the money to police departments.

Among the groups vying for the attention of governor and lawmakers is a progressive coalition seeking $3 billion in added taxes.

A new audit of NJ Transit’s rail operations echoes previous dim assessments of the state’s chief mass transit system, showing it to be behind schedule ...

In the letter, Murphy offered three concession and three sweeteners in an effort to reach a compromise on the state budget.

For the second time in a week, Murphy went to a train station to make the case for an increase in funding to NJ Transit ...