NJCPA IssuesWatch Podcast

366: Midnight Madness: Unpacking New Jersey’s FY27 Budget


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Minutes before the July 1 deadline, Governor Sherrill signed a major new state budget. Is it actually the breath of fresh air New Jersey businesses have been waiting for? Budget expert Chris Emigholz dissects the massive $60.7 billion spending plan, including new revenue raisers and business fees, changes to the STAY NJ program, last-minute budget add-ons and more.

 

Topics discussed:

  • Overall impression of the budget
  • New taxes and revenue raisers
  • Changes to STAY NJ property tax relief program
  • Support for businesses
  • “Christmas tree” items
  • The budget process/transparency

 

Resources:

  • New Jersey budget
  • New Jersey Business & Industry Association
...more
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NJCPA IssuesWatch PodcastBy New Jersey Society of CPAs

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