Governor Phil Murphy will deliver the Fiscal Year 2024 Budget Address on February 28, which follows the State of the State Address in January. The Governor has previously spoken of building the "Next New Jersey," which aims to create an economic future that benefits everyone.
Some issues that are likely to be discussed this year include the Unemployment Insurance Trust Fund, corporate business tax surcharges, and the ANCHOR property tax relief program. Ahead of the speech, members of the Senate Budget & Appropriations Committee have called for a budget proposal that restrains spending, prepares the state for a possible recession, provides tax relief, represents fairness in appropriations, and protects school districts and property taxpayers. You can view the Governor’s Budget Address on the New Jersey Office of the Governor's YouTube channel tomorrow.