Analyzing the NJ State Budget: Save It, Spend It, or Give It Back

The NJ State Treasury Department recently announced that revenue collections for the current budget year are coming in at a record $51 billion pace, $4.5 billion higher than projected. What should the state do with its record surplus? Are this year’s tax collections the “new normal” or a one-year aberration fueled by last year’s Wall Street run-up and federal stimulus? And if we have billions to spend, where should we spend it? Our expert panel will discuss all these options and answer questions.