Governor Murphy will unveil his new State Budget proposal today at 2:00 PM

Gov. Murphy’s Budget Address for Fiscal Year 2020 (starting July 1, 2019) will take place in the Assembly Chamber at the Statehouse at 2:00 PM. It will be broadcast live here, and possibly on other sites.  

Yesterday Murphy said, “New Jersey deserves a budget built upon the values that can deliver a more secure and growing middle class – sustainable savings, responsible fiscal management, smart and targeted investment, and fairness.”

See NJ Spotlight’s “Five things to watch for,” and NJ Advance Media’s “Here’s how it will affect you.” 

His topics are likely to include increasing taxes on the most affluent, reduced spending on healthcare, pension payment increases, public schools and community colleges to receive additional funding, a larger surplus and more.

Afterward the budget goes to the Legislature where negotiations between the two branches commence.

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