News

The administration confirmed via email that Gov. Phil Murphy had signed the state's budget for fiscal year 2026 at 11:42 p.m.
The budget is nearly $59 billion, the largest amount ever in the state’s history. Meanwhile, increased taxes — such as the ...
On June 30, 2025, Governor Phil Murphy signed into law the FY 2026 state budget (the “FY 2026 budget”), totaling $58.8 billion (see our prior alert New Jersey Enacts FY 2026 Budget: Key ...
The Rutgers Board of Governors today approved a $5.9 billion university operating budget, supported in part by a 5% tuition ...
The budget maintains a full pension payment and promises to send more than $12 billion to aid the state’s K-12 schools.
Senate Republican Budget Officer Declan O’Scanlon on Thursday called on Governor Phil Murphy to immediately freeze hundreds ...
Budget seeks $100 million in state worker health benefit savings in the first six months of 2026. Assembly wants to avert the ...
The latest diversion in the climate fund ran against Murphy’s 2017 campaign promise that he would “immediately [stop] the ...
New Jersey’s $58.8 billion FY2026 budget bill, the largest ever for the state, passed both the Senate and the Assembly on ...
The state is taking away most of a trust fund for building affordable homes, instead giving it to assistance programs for ...
The budget language instead guarantees that state government "continues providing Medicaid funds to the nursing homes that provide inadequate care to New Jersey’s most vulnerable population ...