the staff of the Ridgewood blog
Trenton NJ, no surprise to New Jersey voters, New Jersey Governor Phil Murphy hinted again at tax increases for next fiscal year, saying the state will need “revenue raisers” to balance the budget and recover from the pandemic.
In May Gov. Phil Murphy’s administration laid out a series of spending cuts, deferrals and other budget adjustments to offset short-term revenue losses caused by the coronavirus pandemic But he and lawmakers still face even more difficult decisions on state spending in the future.
Continue reading Governor Murphy Says New Jersey Will Need ‘Revenue Raisers’ to Balance Budget