Despite agreement, New Jersey lawmakers must still fine tune budget

(07/07/06) TRENTON ? A broad budget agreement may have been reached, but lawmakers are feverishly working to cross the Ts and dot the Is on the stalemate-breaking deal.

Governor Jon Corzine (D-NJ) worked through the night with other state leaders fine-tuning the accord. In addition, Assembly Speaker Joe Roberts (D) has submitted two constitutional amendments in connection with the state budget. One puts a question on the November ballot asking for half of the sales tax revenue to go towards property tax relief and the other half towards balancing the budget. The other question asks for 100 percent of that revenue to go towards property tax relief in 2007.

Roberts says all efforts are being made to ensure Friday is the last day of the budget crisis. Corzine is expected to sign the new budget sometime Saturday.

Related information: New Jersey casino managers anxiously await gambling green light Governor Corzine, top legislative leaders strike budget deal Senate President Codey comments on the deal Comments from Assembly Speaker Joseph Roberts Jr. Click here to Sound Off! on the NJ government shutdown News 12 New Jersey In-Depth

 

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