News From Trenton · March 17, 2026

Sherrill Budget Plan Tops $60 Billion, a Record for NJ

Gov. Mikie Sherrill has proposed a record, $60.7 billion state budget that calls for increased spending on public education and mass transit, and continued major investment in direct property tax relief and worker pensions.

As state government grapples with a significant structural budget imbalance, Sherrill, a first-term Democrat, is also calling for some reductions in planned spending as part of the budget she’s proposed for the fiscal year that begins July 1.

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From NJ SEED: News From Trenton - March 17, 2026.