ISSUESWATCH PODCAST

Understanding New Jersey’s Record-High Budget

July 15, 2025

Get a rundown on what’s included — and not included — in New Jersey’s $58.8 billion budget for fiscal year 2026.

Topics discussed:

  • Overall thoughts on the budget from the business community’s perspective
  • Tax increases
  • Assistance to businesses
  • Property tax relief
  • Maintaining a budget surplus
  • Impact of the One Big Beautiful Bill Act on New Jersey

Resources:


Christopher  Emigholz

Christopher Emigholz

Christopher is the Chief Government Affairs Officer for the New Jersey Business & Industry Association (NJBIA) covering taxation, budget and economic development. Previously, he was a budget director for the State Senate Republican Office for 8 years and directed education policy and legislative affairs in the New Jersey Department of Education prior to that. Chris has a Master of Public Policy degree from Rutgers’ Bloustein School and a Bachelor of Arts degree from Johns Hopkins University.

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Jeffrey  Kaszerman

Jeffrey Kaszerman

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

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