June 22, 2009: Tax amnesty revenue postpones budget vote

Just hours before the New Jersey Legislature was set to vote on the FY2010 budget, it was announced that the budget would be recommitted to the Senate and Assembly Budget Committees in order to take into account $400 million in unexpected tax amnesty revenue. Governor Corzine stated that money should be directed to property tax relief.

June 15, 2009: Budget serves up alcohol tax

With the budget deadline drawing closer, revenue proposals that in past years might not be considered are now on the table. For example, the FY10 budget includes a proposed a 25 percent tax increase on wine and liquor that would amount to about $1 bottle on spirits and 75 cents per bottle on wine. Industry experts say the tax increase is expected to bring the state approximately $22 million.

June 8, 2009: New Jersey Budget Websites

By the end of this month New Jersey must pass a budget for the next fiscal year which starts July 1 and ends June 30, 2010. In today’s economy, this is a great challenge.

June 1, 2009: Is new school funding formula "thorough and efficient"?

Last week the New Jersey Supreme Court issued a decision upholding a sweeping new school funding formula that no longer focuses aid on New Jersey’s poorest communities. School aid will now be linked to the number of enrolled students, with extra funds going to districts with large numbers of poor or special needs students. The formula also makes adjustments for wealthier districts deemed better able to pay a bigger share of educating their children.

May 4, 2009: Paid sick days promote a healthier state

Over the past week the swine flu has dominated news stories. With several confirmed cases in New Jersey, the Department of Health and Senior Services issued a press release emphasizing effective prevention methods such as frequent hand washing and staying home from work or school if any symptoms arise.