Sources: Christie's $32.9 billion budget proposes $40 million contribution to Sandy relief
By Max Pizarro | February 26th, 2013 - 2:25pm
| More

The State of New Jersey could contribute $40 million in N.J. Hurricane Sandy relief in addition to the $60 billion federal contribution that New Jersey will share with the Northeast region, according to sources close to Gov. Chris Christie's proposed budget, which he is due to unveil in less than two hours.

A source said the $40 million may not have to be used at all depending on the federal response, but is in the budget as a contingency.

The $32.9 billion budget contains at least 7.5 percent worth of property tax relief, a source being briefed on the budget told PolitickerNJ.com.

"The governor has managed not to cut anything significant while putting forward $1.6 billion (over three years) to the pension system," said the GOP source. "It's notable that the money coming in, while it has been disappointing, will be better than expected, and we might meet the projections despite the economy and Sandy."

Another source closse to the budget questioned the percentage of property tax relief identified by a colleague's early review of the budget.

"It depends on what you’re including as property tax relief," said the second source. "The governor in this budget raises school aid to the highest level in history." 

The budget also calls for a $600 million increase in the pension payment.

Wake-Up Call

Morning Digest: August 28th

Chris Christie's Jekyll & Hyde complex We all know the story: An amiable, even-keeled doctor, in an effort to separate the good from his darker impulses, concocts and consumes a secret potion that, momentarily, induces a metamorphosis of physical and mental being and turns him into a monstrous and...

Op-Ed

White House’s Tuition Challenge Being Met in NJ

By MICHAEL W. KLEIN In his weekly radio address on August 16, President Obama challenged colleges “to do their part to bring down costs” and lighten the tuition burden on students.  The state colleges and universities in New Jersey have... Read More >

Contributors

(8-27-14) All Americans Should Support Gov. Perry - Political prosecutions have no place in American life. Those who use the justice system as they are using it in Texas... more »
(Asbury Park, NJ) -- There's a word for someone who says one thing and does another: hypocrite.  There's no shortage of 'em in Trenton -- from ... more »
    My Richard Nixon Ambivalence   Today is the fortieth anniversary of President Richard Nixon’s resignation address to the nation on August 8, 1974. At that time, I was ambivalent about... more »
 The following letter was sent today to Republican state legislators, county chairs, state committee members, and New Hampshire... more »

Quote of the Day

quote of the day

"He was a focal point for the disturbance." - former New Jersey Governor Brendan Byrne (the Essex County Prosecutor in July 1967), of former Newark Mayor Hugh Addonizio

- PolitickerNJ

Poll

Who is a better field general for his party as both try to win governor's races around the country?:

Blogroll

Visit the PolitickerNJ.com/resources page for links to the best collection of information on New Jersey state government.

 

  • Polls
  • The best blogs
  • Columnists
  • State election results
  • Assembly election results
  • Local party websites
  • And more.

PolitickerNJ.com/resources