TRENTON, N.J. – The Murphy administration is projecting a $7.9 billion surplus this year outside of rainy day fund deposits. That would be whittled down to $4.7 billion after it is used to cover the $3 billion deficit from spending more than revenue next year. The deficit may be...
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TRENTON, N.J. – The state treasurer announced this week that tax collections exceeded expectations resulting in $484 million in unexpected revenue for the current fiscal year. Today, Assembly Republican Leader Jon Bramnick is calling on the governor to use the surplus to increase funding for NJ Transit by $250...