Tag: Path to Progress

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Governor Misses Mark On Addressing New Jersey’s Long-Term Structural Deficit

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the staff of the Ridgewood blog

ROSELAND NJ, Statement by Ralph Albert Thomas, CPA (DC), CGMA, CEO and Executive Director of the New Jersey Society of Certified Public Accountants

This morning, Governor Phil Murphy delivered his budget proposal for New Jersey’s new, nine-month fiscal year that begins Oct. 1. The New Jersey Society of Certified Public Accountants (NJCPA) is deeply concerned that the proposal looks very much like the unworkable budget introduced six months ago — plus $4 billion in new borrowing — before the coronavirus pandemic decimated New Jersey’s economy.

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New Jersey Society of Certified Public Accountants Calls Governor Murphy’s Budget “Counter Productive”

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Statement by Ralph Albert Thomas, CPA (DC), CGMA
CEO and Executive Director
New Jersey Society of Certified Public Accountants

Trenton NJ, Governor Phil Murphy delivered a budget address with significant consequences for New Jersey’s future. There’s much at stake. New Jersey is facing a fiscal crisis and we are not committing ourselves to the difficult decisions that will put the state on sound financial footing.

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The New Jersey Business & Industry Association Comes Out in Support of “Path to Progress” Legislation

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the staff of the Ridgewood blog

Trenton NJ, The New Jersey Business & Industry Association today testified in favor of four fiscal reform bills designed to lower the cost of local governments as part of a wide-ranging plan to fix New Jersey’s government finances.

Between them, the Senate and Assembly appropriations committees will consider legislation involving curriculum at K-8 school districts, sharing services between local governments, and examining state and local taxes and economic development policies. Individually, the bills are narrow in scope, but they are part of a broad, impactful plan to revamp New Jersey’s finances called The Path to Progress, which NJBIA supports.

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Sweeney Town Hall Meeting On ‘Path To Progress’ Fiscal Reforms At Monmouth University

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the staff of the Ridgewood blog

TRENTON NJ, Senate President Steve Sweeney will hold a town hall meeting from 6:00 p.m. to 8:00 p.m. on Monday, March 11, in Wilson Hall, Monmouth University, 400 Cedar Ave, West Long Branch, NJ to conduct a public discussion about the fiscal reforms in the “Path To Progress” report.

Hosted by Grey J. Dimenna, the President of Monmouth University, the forum will include the participation of Senator Vin Gopal, Senator Declan O’Scanlon and Peter Reinhart, from the Monmouth University Kislak Real Estate Institute and a member of the Economic and Fiscal Policy Workgroup.