ISSUESWATCH PODCAST

Bringing New Jersey’s Financial Picture into Focus

June 3, 2025

A new law, initiated by the NJCPA and the New Jersey Business and Industry Association, requires the state auditor to provide a plain-language summary of New Jersey’s full financial picture — well beyond what’s included in the annual budget. Former state treasurer David Rousseau joins us to discuss what’s included in the new report and how New Jersey compares to surrounding states.

Resources:

Summary and Analysis of the Annual Comprehensive Financial Report
Article: The State of New Jersey’s Financial Health

Jeffrey Kaszerman

Jeff Kaszerman is the vice president of Government Relations for the NJCPA and can be reached at jkaszerman@njcpa.org.

More content by Jeffrey Kaszerman:

The Impact of Governor Murphy’s Proposed Budget
How Federal Changes Are Impacting New Jersey Businesses
The Walk to Washington Is Back
A Multifaceted Approach to Address the Accountant Shortage
AI and Privacy Legislation Impacting New Jersey
Breaking Down New Jersey’s Budget
NJ Supreme Court Committee Issues Opinion on CPAs Providing BOI Services

R. David Rousseau

David Rousseau is the vice president of the New Jersey Association of Independent Colleges and Universities. He served as state treasurer for Governor Jon Corzine.