2 Min ReadGov. Phil Murphy’s administration places nearly $1 billion of discretionary spending in reserve through the 2021 fiscal year amid economic struggles from virus.
4 Min ReadThe Disaster Emergency Funding Board, authorized in 1973, will consider Gov. Gina Raimondo's request for up to $300 million short term borrowing.
2 Min ReadDespite rising 3% in 2019, DiNapoli expects bonuses to drop this year.
2 Min ReadEric Holcomb said the state will consider using bond authority to move forward with capital projects that were to have been funded on a pay-go basis.
3 Min ReadThe majority of the economic disruption will occur in fiscal 2020, but the revenue impacts will extend into the first half of fiscal 2021, says Moody's Analytics Dan White.
6 Min ReadWhen lawmakers cast the final vote on the 2021 budget, they won’t have updated revenue projections but other states and industries do.
2 Min ReadState Comptroller Thomas DiNapoli released updated state revenue projections.
2 Min ReadLawmakers return to the state capital to formally approve the budget Thursday amid concerns over the novel coronavirus outbreak.
4 Min ReadOther Midwest legislatures are canceling sessions or weighing early spring breaks to slow the spread of COVID-19.
1 Min ReadWith a state budget deadline on the horizon, NY Gov. Andrew Cuomo is requesting revised revenue estimates that factor in the economic realities of fast-spreading virus.
