February 25, 2025

Governor Delivers SFY 26 Budget

Earlier today Governor Murphy delivered his final budget address. The 2026 SFY appropriates $58.1 billion and has a $6.3 billion surplus. The budget includes flat funding for Energy Tax Receipts/CMPTRA and no appropriation for the Municipal Relief Fund. 

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Contact: Lori Buckelew, Deputy Executive Director, lbuckelew@njlm.org or 609-695-3481 ext. 112.