Gov. Phil Murphy spent the weekend in Hollywood, Calif. where he rolled out the red carpet to film, television and media companies, shining a spotlight on New Jersey as the next big location for filming and production. 

Frank Haines, a legislative budget and finance officer at the nonpartisan Office of Legislative Service, on Monday said he did not want to specify what lawmakers should enact with the budget, but reiterated that “more in the bank is better” when it comes to the budget surplus.

The Murphy administration’s outlook for how much the state will have in its coffers by the end of the 2020 fiscal year is $182.6 million more than what the Legislature’s analysts project, and $109.2 million more than what is being eyed for the end of the current fiscal year — meaning the administration could more likely stave off spending cuts. 

According to an analysis from the Officer of Legislative Services, New Jersey's gas tax could rise for the third time since 2016's major increase unless the state sees considerable growth in the amount that motorists are spending on fuel.

The New Jersey Business and Industry Association unveiled 12 metrics the state would need to excel in if it were to become the so-called “State of Innovation,” as outlined in Gov. Phil Murphy’s October economic outline.

The Port Authority of New York and New Jersey will begin testing an all-electric truck used to transport cargo with hopes to phase out the entire gas-powered fleet, the bi-state agency announced Friday. The one-year pilot program is part of a broader effort by the Port Authority, which handles billions of dollars of cargo a year, to reduce its greenhouse ...

One of the state’s top Democrats, Assembly Speaker Craig Coughlin, jumped onto opposition to new taxes in the 2020 state budget, a month after Gov. Phil Murphy said new or increased taxes were “on the table.” At his monthly Speak to the Speaker radio segment Friday morning, Coughlin, D-19th District, joined Senate President Stephen Sweeney, D-3rd District, who said last ...

The New Jersey Economic Development Authority had little oversight and accountability over the $11 billion of tax credits it awarded since 2005, making it difficult for the agency to determine if companies actually delivered on their promised jobs and economic activity, according to an audit the Office of the State Comptroller released Wednesday. Gov. Phil Murphy, a critic of the ...