What I’d like to do today is provide some perspective on Treasury’s experience navigating the fiscal impacts of a health crisis that is now over a year old. I’d like to personally thank each of them, as well as my front office, and the staff of OMB, OREA, and a number of our other divisions, many of whom have joined us here today or are listening in remotely, for their tireless dedication and professionalism in putting this budget together. And Tariq Shabazz, who previously worked for both OMB and NJ TRANSIT, has been appointed the new Deputy Director of OMB. Lynn Azarchi, who you may remember as the former Deputy Director of the Office of Management and Budget (OMB), was appointed late last year as the new Acting Director of OMB upon Dave Ridolfino’s retirement. We also have two familiar faces serving in new capacities this year. Thank you for the opportunity to come before you today to discuss Governor Murphy’s proposed budget for Fiscal Year 2022 (FY22).Īs always, I’d like to start off by introducing my colleagues here at the table with me - Deputy Treasurer Catherine Brennan, and Martin Poethke, the Director of our Office of Revenue and Economic Analysis (OREA). Good morning, Chairman Sarlo, Vice Chair Cunningham, Budget Officer Oroho, members of the committee. The following is a copy of her full testimony, as prepared for delivery: SENATE BUDGET & APPROPRIATIONS COMMITTEE HEARING Phil Murphy has proposed to help New Jersey emerge from the pandemic stronger, fairer, and more resilient.
(TRENTON) – – State Treasurer Elizabeth Maher Muoio testified before the Senate Budget & Appropriations Committee at the State House today, providing a detailed update on improving revenue projections for the remainder of Fiscal Year 2021 through Fiscal Year 2022, and outlining the critical investments Gov.
Murphy’s Proposed Budget Will Help NJ Rebound from Pandemic Stronger & More Resilient Revenues Projected to Grow By 4% for FY2022 After Volatile Nationwide Forecasting Year Treasurer Muoio Testifies Before Senate Budget Committee on Proposed FY2022 Budget
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