How Healthy Are New Jersey's Finances?

State Fiscal Year 2024 Budget Hearings Continue

Amid the debate about raising the federal debt ceiling, rising inflation, and responses of international markets to various geopolitical pressures, how is NJ faring?

Governor Murphy has highlighted his administration's policies and efforts as a driver for upgrades to the State's credit rating during the past year. Tune in to learn from state officials about the latest projections of New Jersey's fiscal and economic condition.

The NJ Board of Public Utilities which is the state agency that coordinates the planned offshore wind energy projects in leased federal waters off our coast is also scheduled to appear. With an Assembly committee scheduled to conduct a hearing on Thursday May 18 addressing recent marine mammal deaths which many have suggested are linked to offshore wind development surveying projects over the winter, it seems likely that the Assembly Budget Committee members will broach the subject with BPU President Joe Fiordaliso.

May 17, 2023: Assembly Budget Committee receives Revenue Update from Office of Legislative Services; remarks and discussion Department of the Treasury, New Jersey Economic Development Authority and New Jersey Board of Public Utilities.

🎥 Scheduled start 10am EDT

Watch LIVE or Archived hearings at https://njleg.state.nj.us/#watchProceedings