New Jersey Gov. Phil Murphyoutlines the FY 2021 budget.
TRENTON, NJ—Gov. Phil Murphy presented his proposed$40.85-billion FY 2021 budget to the State Legislature on Tuesday,which calls for continued property tax reform, increased workforcedevelopment and NJ TRANSIT funding and an expansion on theexisting millionaires' tax.
"We are making real progress against high property taxes,restoring New Jersey's fiscal standing, growing our economy, andrepositioning our state for success by investing in and shaping ourfuture," Gov. Murphy said. "We have a record of unmistakableprogress on all fronts, and today, we have a new budget for FY2021that promises to keep us moving forward in building a stronger andfairer New Jersey for all."
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
