351: Inside Governor Sherrill’s $60.7 Billion Proposed Budget

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 highlightsOverall impressions of the budgetFiscal responsibilityImpact of federal funding changesProperty taxesProposed changes to two business tax deductionsProposed Medicaid fee for employersPolitical landscapeClosing thoughts about the proposed budget Resources:New Jersey budgetNew Jersey Homeowner’s Guide to Property TaxesRebates, Reform and Reality: The State of New Jersey’s Property Taxes