Department of the Treasury
| Date | Title | Link Type |
|---|---|---|
Jan
5
2026
|
(TRENTON) — "I could not be more pleased about Governor-Elect Sherrill’s choice of Aaron Binder to step up and assume leadership of this great department. I first worked with Aaron during my time as a member of the Assembly Budget Committee, and asked him to join us in Treasury in late 2021 as we prepared for the start of Governor Murphy’s second term." |
|
Dec
12
2025
|
(TRENTON) — The Department of the Treasury reported that November revenue collections for the major taxes totaled $2.669 billion, up $35.1 million, or 1.3 percent over last November. The revenue growth was driven primarily by the Gross Income Tax (GIT), while Corporation Business Tax (CBT) collections were lower. Fiscal year-to-date total collections of $14.336 billion are higher by $462.2 million, or 3.3 percent above last year, matching the FY2026 Appropriations Act certified growth rate. |
|
Dec
11
2025
|
(TRENTON) — In a significant step to reform New Jersey’s Farmland Assessment program, Treasury’s Division of Taxation is preparing to launch a new online application portal with the goal of improving eligibility enforcement and reducing instances of improperly granted benefits. |
|
Dec
8
2025
|
(TRENTON) — Furthering its mission to revitalize New Jersey’s historic capital city of Trenton, the Capital City Redevelopment Corporation (CCRC) has launched a new grant program to support projects to boost economic and social activity in downtown Trenton. |
|
Dec
1
2025
|
(TRENTON) — After a thorough review of fuel consumption statistics and consultation with the Legislative Budget and Finance Officer, the Department of the Treasury announced today that New Jersey’s gas tax rate will increase by 4.2 cents per gallon beginning on January 1, 2026 to support the State’s Transportation Trust Fund (TTF) program. This increase is the result of the 2024 law (Chapter 7) which gradually raises the State’s Highway Fuel Cap from Fiscal Year 2025 through Fiscal Year 2029. The Fiscal Year 2026 Highway Fuel Cap is set by statute at exactly $2.115 billion, which is 4.1 percent higher than the previous baseline level of $2.032 billion, and will increase each fiscal year, reaching $2.366 billion in FY 2029. |
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