Joseph Seneca, a Rutgers University economist, said Wall Street’s warnings held no surprise. “The fiscal realities here and now though are pretty dire,” he remarked. “The drop of more than 50 percent drop in the tax base is stunning. It has to have deep and significant financial implications.”
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...