Tentative deal reached over NJ budget
Days before the new fiscal year, state legislators have come to an agreement with Gov. Chris Christie (R-N.J.) over the budget.
The tentative deal was announced Monday night. According to Christie's office, the 2011 fiscal-year budget is nearly $29.4 billion, closing an $11-billion gap without raising taxes.
Cuts to school districts, including $820 million in aid and $848 million in property tax rebates funding, are part of the reason for the narrowing of the budget gap.
Hamilton Mayor John Bencivengo says cuts in state aid are causing his town, and nearly every other town in New Jersey, to slash their own budgets. He says there have been cuts to police, public works, and schools, and that no department has been spared.