taxes

Overall, formula aid to schools is increasing by $578 million. The winning districts share $770 million more, while others lose a combined $192 million.

Gov. Phil Murphy proposes a $44.8 billion budget for fiscal 2022, fueled by a surplus propped up by borrowing, that includes no new tax or fee increases.

Beach maintenance, boardwalk renovations plus an coming minimum wage increase all need to be funded, according to the mayors of Wildwood, North Wildwood and Wildwood Crest.

More than 155,000 paycheck protection program (PPP) loans have been received in New Jersey during the pandemic, for a total of $17.3 billion.

Legislature considers a study that could help address property taxes. First it must narrow its focus so it has a chance to make a difference.

New legislation gives a wider window of time before business tax rates spike to try and replenish the state's Unemployment Trust Fund.

A new report finds casual smugglers are going to states with low tobacco taxes to buy cigarettes and bring them back to New Jersey.

The Transportation and Climate Initative would be an alliance of Northeast and Mid-Atlantic states. It could add 17 cents to a gallon of gas.

The report, which evaluates funding fairness and effectiveness under the state's School Funding Reform Act, suggests New Jersey was spending less aggregate personal income on K-12 education in 2018 than it was prior to the Great Recession.

TRENTON — Gov. Phil Murphy paid about $1 million in state and federal taxes in 2019 on roughly $2.7 million in income, according to a summary of his tax returns released by his office.
Murphy worked as an executive at Goldman Sachs before he served as Barack Obama's ambassador to Germany and made the…