Sherrill Centers NJ Budget on Affordability, Slashing Senior Tax Relief
TL;DR Summary
Gov. Mikie Sherrill unveiled a $60.7 billion New Jersey budget with $2 billion in cuts, including a $500 million reduction to the Stay NJ senior property-tax relief program, and relies on new fees and narrower business deductions to close a projected deficit, while funding pensions, K-12 education, preschool aid, and Medicaid and sending the plan to weeks of legislative hearings with no increase in taxes on individuals.
- Mikie Sherrill puts fiscal restraint at center of her first budget for New Jersey Politico
- New Jersey Governor Unveils Plan to Repair ‘Broken Budget’ The New York Times
- Source: Sherrill Budget Prioritizes Education, Government Efficiency Insider NJ
- How Sherrill's NJ budget pushes K-12 consolidation to cut costs Bergen Record
- Where and when to watch Mikie Sherrill budget address NJ Spotlight News
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