Is New Jersey’s newest budget proposal truly fiscally responsible? Jeff Kaszerman welcomes Dale Florio (Princeton Public Affairs Group) and Chris Emigholz (NJBIA) to break down Governor Mikie Sherrill’s FY2027 spending plan. From corporate tax deduction changes and fees to record school aid and property tax relief, we explore what this budget means for New Jersey’s business climate and whether NJCPA members believe it’s a step in the right direction.
Topics discussed:
- Budget highlights
- Overall impressions of the budget
- Fiscal responsibility
- Impact of federal funding changes
- Property taxes
- Proposed changes to two business tax deductions
- Proposed Medicaid fee for employers
- Political landscape
- Closing thoughts about the proposed budget
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