Phil Murphy, governor of New Jersey, speaks during the 2023 State of the State Address at the New Jersey State House in Trenton, New Jersey, US, on Tuesday, Jan.
10, 2023. Murphy proposed expanding the number of liquor licenses in the state and provi TRENTON, N.J. - New Jersey Democratic Gov.
Phil Murphy on Tuesday unveiled a $53.1 billion budget for fiscal year 2024, about 5% more than the spending plan he signed for the current year, proposing more school aid, a renewed property tax rebate program and billions more for public pensions, transportation and other projects.Murphy, who won a second term as governor in 2021, cast the budget as a helping hand to residents facing risings costs and fallout from COVID-19."First it was the pandemic and now it is inflation.
You’ve been paying more for everything from gas to groceries and your paycheck hasn’t kept up," he said. "This entire budget is purpose-built to help you find your place in the Next New Jersey by securing your place in the New Jersey of right now."The governor announced his plan during a speech in the Democrat-led Legislature’s Assembly chamber, an annual tradition that halted during the height of the COVID-19 outbreak.