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.

Learn more from Christopher Emigholz:

Jeffrey  Kaszerman

Jeffrey Kaszerman

Jeff is the vice president of government relations for the NJCPA. He works with the CEO and the Board of Trustees to create and implement advocacy initiatives that protect and promote the interests of the CPA profession, the business community and the public.

More content by Jeffrey Kaszerman:

Learn more from Jeffrey Kaszerman: