John Reitmeyer
NJ Spotlight
Mountain View, CA, United States
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Past articles by John:
NJ state pension investments sag
Funds have been hit hard by economic downturn in pandemic. Treasury officials stress that overall liquidity remains strong. → Read More
NJ budget: Immediate and longer-term implications
Tax increases and substantial borrowing are notable in New Jersey’s newly enacted budget. Pressure on the state’s credit rating too, perhaps? → Read More
A $32.7 billion spending plan like no other
Gov. Phil Murphy's decision to collect state income-tax payments in July was just one of the many unusual events that played out this year. → Read More
NJ Dem leaders agree deal for millionaires tax
Murphy, Sweeney, Coughlin also announced Thursday that they've agreed to a $500 tax rebate for middle-class residents. Details to follow. → Read More
NJ sales-tax collections rebounded in August
There was an uptick of 3% compared to last year, the first time in the black since pre-COVID days. But overall revenue from all tax sources was down. → Read More
NJ Budget 2020: Battle in Offing over Borrowing?
NJ Gov. Phil Murphy’s administration now plans to borrow up to $4 billion to fund the budget. But will lawmakers balk over competing tax revenue forecasts? → Read More
No Way to Avoid 10-Cents Per Gallon NJ Gas-Tax Hike
Legislators from both parties may gripe, but there's no way around NJ's gas-tax hike. It's baked into the state's 2016 law. → Read More
NJ Budget 2020: $1B Estimate Gap Between Murphy, OLS
OLS analysts say Murphy administration overestimates NJ’s projected revenue losses. Gap is likely to cause friction between the governor and lawmakers. → Read More
Property-Tax Relief Drops While Some Tax Breaks Climb
Programs offering property-tax relief to seniors, disabled, vets shrink while tax breaks for owners of luxury houses climb. → Read More
NJ Budget: Comments in writing only, please
NJ residents who want to weigh in on Gov. Phil Murphy’s new budget plan can do so only in written comments, as a result of the COVID-19 pandemic. → Read More
NJ Gas Tax Jumps to Over 50 Cents a Gallon
Automatic increase goes to pay for roads, repairs. Diesel fuel also gets higher tax → Read More
NJ Drivers See Gas Tax Climb to 50 Cents a Gallon|
Come Oct. 1 NJ drivers will be paying more than 50 cents per gallon in taxes on gasoline. The 9-cent jump is the result of an automatic increase → Read More
NJ Budget 2020: What to Watch for in Governor's New Plan
The coronavirus pandemic put the kibosh on NJ Gov. Phil Murphy’s original budget. He returns with a revised version. Here’s what to look out for. → Read More
NJ Budget 2020: Coalition Calls for Transparency
NJ governor, lawmakers pressed by labor, environmental, other groups for transparent 2020 budget process. Public hearings promised, not yet scheduled. → Read More
Key Questions Amid Trump’s USPS Funding Controversy
As debate swirls over president’s contentious USPS funding moves, NJ congressional delegation all-in on legislation to help fix agency’s financial problems. → Read More
A $50M Fix for NJ’s Overworked Unemployment System Underway
New Jersey's unemployment system, which buckled under a deluge of claims and out-of-date technology during the pandemic, could be getting a $50M makeover. → Read More
Murphy Push to Borrow Up to $9.9 Billion Gets Its Day in Court
Supreme Court set to hear case that could decide if taxes must rise or programs get cut → Read More
As Activists Push NJ to Divest from Fossil Fuels, State Turns to Green-Energy Fund
Pension fund managers make first large-scale investment in renewable energy → Read More
Senate Moves to Let Towns Go Deeper in Debt to Weather Pandemic Crisis
With tax revenues dropping, lawmakers want to give local officials power to borrow, while others worry about abuse → Read More
If you Buy Gas in New Jersey, You Might be Paying More Before Long. Here’s Why
The gas tax must go up if revenues fall short. Top officials will be meeting to make that call → Read More