From The Governor’s Office
March 8, 2022 | nj.gov
On March 8, 2022, Governor Murphy delivered his Fiscal Year 2023 Budget Address before a joint session of the Senate and Assembly. The Governor is proposing a $48.9 billion state budget, a new record-high with $2.5 billion in increased spending. The proposed budget is now in the hands of the legislature charged with coming up with a balanced budget by June 30.