Surplus Cash Gives Sherrill Budget Breathing Room
New Jersey's near-record budget surplus provides incoming Governor Mikie Sherrill flexibility, but looming deficits could force tough decisions ahead.
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Asbury Park -- --
1/21/2026 
Sherrill Keeps Murphy Team in Place as Governor 
LEHR Opens Major Emergency Vehicle Facility in Edison 
Weiss Tapped to Lead NJ Economic Development Authority 
Two Jersey Chefs Earn James Beard Semifinalist Recognition 
Murphy Signs Plastic Cutlery Ban Among 100+ Final Bills 
Murphy Signs 120+ Bills in Final Days as Governor 
Assembly Panel Backs $300M Tax Break for Prudential Center 
Prudential Center Tax Breaks Move Closer to Final Approval Sherrill Keeps Murphy Team in Place as Governor LEHR Opens Major Emergency Vehicle Facility in Edison Weiss Tapped to Lead NJ Economic Development Authority Two Jersey Chefs Earn James Beard Semifinalist Recognition Murphy Signs Plastic Cutlery Ban Among 100+ Final Bills Murphy Signs 120+ Bills in Final Days as Governor Assembly Panel Backs $300M Tax Break for Prudential Center Prudential Center Tax Breaks Move Closer to Final Approval