TRENTON — The clock is ticking for lawmakers and Gov. Chris Christie to hash out a compromise on a state budget by the end of the week or else New Jerseyans will be staring down the barrel of the first state government shutdown since 2006. At odds are the differences within the Democratic-controlled Legislature over a… Read the rest of this entry »
Posted: June 27th, 2017 | Author: admin | Filed under: Chris Christie, New Jersey, New Jersey State Budget | Tags: Chris Christie, NJ Government Shutdown, NJ State Budget, Steve Sweeney, Vincent Prieto | 1 Comment »
While Democratic legislative leaders are negotiating a budget with Gov. Chris Christie this week, lawmakers are also moving toward final passage of a bipartisan bill that would bring a new level of transparency to how taxpayer dollars are spent by state government each year. Both houses of the Legislature are expected to approve later today a… Read the rest of this entry »
Posted: June 22nd, 2017 | Author: admin | Filed under: New Jersey, New Jersey State Budget | Tags: New Jersey, NJ Legislature, NJ State Budget, Unspent funds | 4 Comments »
With New Jersey lawmakers busy in Trenton working on the next fiscal year’s State Budget, Monmouth County Sheriff Shaun Golden is calling on the legislature and Governor Christie to stop the diversion of $120 million per year that cell phone users pay for the express purpose of maintaining and upgrading 911 emergency infrastructure throughout the state.
Golden first raised the issue last summer, days after the current fiscal year budget took effect. Yesterday, the Sheriff highlighted the issue in an interview with NJTV’s Brenda Flanagan.
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Posted: April 25th, 2017 | Author: Art Gallagher | Filed under: Monmouth County News, Monmouth County Sheriff's Office, New Jersey, News, NJTV, Shaun Golden | Tags: 911 System and Emergency Response Fees, Monmouth County News, Monmouth County Sheriff Shaun Golden, Net 911 Act of 2008, NJ State Budget, Shaun Golden | Comments Off on Sheriff Golden to Trenton: Stop ripping off the 9-1-1 fees
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Governor Chris Christie announced this afternoon that he has ordered the State Treasurer to fund transportation projects that are absolutely essential for the protection of the health, safety, and welfare of the people of the State of New Jersey, or that are required to ensure the receipt of federal funding.
The Governor’s announcement comes as the Transportation Trust Fund is on the verge of running out of money. The legislature failed to pass a funding mechanism for the fund by June 30th. Christie subsequently shut down all non-essential projects and those not at risk of losing federal funding.
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Posted: August 17th, 2016 | Author: Art Gallagher | Filed under: Chris Christie, Gas Tax, New Jersey, New Jersey State Budget | Tags: Executive Order 213, Governor Chris Christie, NJ Gas Tax, NJ State Budget, NJ Transportation Trust Fund | 1 Comment »
TRENTON — A Wall Street ratings agency on Monday left New Jersey’s credit rating unchanged though it’s “cautious” on the state’s ability to meet its revenue forecasts this year. Fitch ratings noted that despite the state’s more conservative revenue forecasting in recent years — a departure from years of overly optimistic estimates that left big holes… Read the rest of this entry »
Posted: August 16th, 2016 | Author: admin | Filed under: New Jersey, New Jersey State Budget | Tags: Fitch NJ Credit Rating, New Jersey, NJ Economy, NJ State Budget | Comments Off on N.J. avoids credit rating downgrade despite pension, road funding woes
By Tony Fiore, Middletown Deputy Mayor
The recent filing of the proposed JCP&L Monmouth County Reliability Project should serve as a wake-up call to all taxpayers in the state of New Jersey. The proposed 10 mile project with upwards of 200 foot monopoles to be installed on New Jersey Transit right-of way, will have a negative impact on the property values of all adjoining properties and potentially, properties within the line of site. The impact alone in Middletown could be upwards of $1.5 million in lost value. However, don’t despair taxpayers of Middletown, Holmdel, Hazlet, Aberdeen and Red Bank, according to their BPU filing, JCP&L will be making a $9.8 million payment towards the local municipalities through Energy Receipts taxes.
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Posted: August 15th, 2016 | Author: admin | Filed under: JCP&L, Middletown, Monmouth County News, Opinion, Tony Fiore | Tags: Energy receipts tax, JCP&L, Middletown, Monmouth County News, Monmouth County Reliability Project, NJ State Budget, OpEd, Opinion, RAGE, Tony Fiore | 4 Comments »
TRENTON — Gov. Chris Christie on Thursday signed a $34.5 billion budget, but not before slicing into the $300 million Democrats added to the spending plan earlier in the week. Christie handed down his line-item vetoes Thursday evening amid a stalemate over transportation funding and hours before the start of the new fiscal year. The Legislature… Read the rest of this entry »
Posted: June 30th, 2016 | Author: admin | Filed under: Chris Christie, New Jersey, New Jersey State Budget | Tags: Chris Christie, New, NJ State Budget | Comments Off on Christie signs $34.5B budget, cuts Democratic spending
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TRENTON — Senate and Assembly budget committees approved a $34.8 billion Democratic state budget plan for the coming fiscal year that tacks on about $275 million in spending to governor’s plan. With focus on a tax plan to rescue the Transportation Trust Fund, budget talks have been more bridled than in years past. Senate Budget and…
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Posted: June 24th, 2016 | Author: admin | Filed under: New Jersey, News | Tags: New Jersey, NJ State Budget | Comments Off on N.J. lawmakers move forward on $38.4B state budget
TRENTON — State budget officials predict New Jersey will face a $487 million budget shortfall this year and $622 million shortfall next year due mostly to sluggish income tax collections. The nonpartisan Office of Legislative Services will present its estimates to the Assembly Budget Committee on Tuesday, and the Treasury Department will follow up later in… Read the rest of this entry »
Posted: May 18th, 2016 | Author: admin | Filed under: New Jersey State Budget | Tags: Chris Christie, NJ Income tax, NJ State Budget, NJ State Budget Deficit | Comments Off on N.J. faces surprise revenue shortfall that Christie has 6 weeks to confront
ABOARD THE CHAMBER TRAIN — Assembly Minority Leader Jon Bramnick (R-Union) said Thursday he’d like to restore aid to New Jersey’s municipalities to lower property taxes, but the state simply can’t afford it. Lawmakers have introduced a bill ( A302) to restore hundreds of millions of dollars in energy tax receipts and Consolidated Municipal Property Tax… Read the rest of this entry »
Posted: February 26th, 2016 | Author: admin | Filed under: New Jersey, New Jersey State Budget, News, NJ GOP, Property Taxes | Tags: Assembly Minority Leader Jon Bramnick, Assembly Republcians, Assembly Republican Leader Jon Bramnick, energy tax receipts, NJ State Budget, Property Taxes | Comments Off on Bramnick: N.J. can’t afford to restore aid to towns to cut property taxes