Transition2018: Bloustein faculty, staff, alumni will have an impact on New Jersey’s future

Carl Van Horn, Distinguished Professor of Public Policy and Director of the John J. Heldrich Center for Workforce Development and a widely recognized expert on workforce, human resources, and employment policy issues with extensive experience in public and private sector policymaking, was named Senior Advisor to the Transition for Strategy and Policy and will also serve as a co-chair of the Stronger and Fairer Economy […]

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NJ’s fiscal future: A direction for the new governor

The fiscal future of New Jersey is bleak. New Jersey has struggled to balance its budget for two decades. In the early 1990s, the state was AAA by each Rating Agency. Over the last eight years, it was reduced seven times – it is now the second lowest. Some organizations have argued for large tax […]

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Budget basics: How New Jersey spends your money

New Jersey has a strong central government. The governor has potent appointment and financial powers. New Jersey’s local governments like to tout their home-rule powers — and they’re correct in certain circumstances — but when it comes to municipal, county, and school finance the state’s powers and oversight are quite significant. The office of the […]

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City tax levy down 70 percent from 2012

Marc Pfeiffer, assistant director of the Bloustein Local Government Research Center at Rutgers University, said the state should receive plenty of credit for getting Atlantic City’s finances under control. In February, state overseers reached a $72 million tax settlement with Borgata Hotel Casino & Spa. The city owed Borgata $165 million after successful property-tax appeals […]

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Sweeney seeks N.J. voter help to fund pensions

If voters were to approve the amendment and the state contributed its share to the pension system, he said, “you would quickly be faced with the question of, ‘Well, how do I plug the rest of the budget we’ve now consumed?’ ” That question is particularly relevant in New Jersey, which faces a structural budget […]

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New Jersey Bonds Add to Pension Costs as Bills Rise

“The pension debt service is skewed to the out-years,” said Richard Keevey, a fellow at Rutgers University in New Brunswick, New Jersey, who was budget director for former Governor Jim Florio, a Democrat. “It starts out low and rises sharply.” Bloomberg.com, March 11

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