Today, Governor Phil Murphy, along with legislative leaders and cabinet members gathered in Woodbridge for the signing of the 2022 Fiscal Year State Budget, which appropriates $46.3 billion in state funds and $6 billion in federal funds. This year’s budget includes an extensive list of allocations, including a full payment to the state pension system for the first time since 1996, property tax relief and community affairs funding, and number of other grants in aid allocations.
Contact: Andrew LaFevre Legislative Analyst, alafevre@njlm.com, 609-695-3481 x116.