News From Trenton · June 6, 2023
Will Lower Revenues Mean Fewer Pet Projects for Lawmakers?
Photo Credit: José Augusto Camargo (from Pixabay)
After taking the last several months to pore over a $53 billion budget put forward by Gov. Phil Murphy, lawmakers will soon be putting their own imprint on the state’s next annual spending plan.
This year, the task of drafting the annual appropriations bill comes as many lawmakers are preparing to run for reelection in the fall and just weeks after the Murphy administration slashed the revenue forecast for the fiscal year that begins July 1.
From NJ SEED: News From Trenton - June 6, 2023.