It is a mistake for the governor and the Legislature to sell bonds to balance the fiscal year 2021 budget. Not only is it prohibited by the New Jersey Constitution but, more important, it is bad public policy and will ruin the state’s finances for years.
NJSPL Report: Analyzing the Use and Equity of ARPA Funds
Report Release: Analyzing the Use and Equity of ARPA Funds in NJ Local Governments and Beyond New Jersey State Policy Lab The American Rescue Plan Act’s Coronavirus State and Local Fiscal Recovery Funds (ARPA-SLFRF) represent a historic $350 billion investment to...