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Gov. Phil Murphy is behind the push for the Garden State to develop offshore wind power, ramping up from 3,500 megawatts by 2030 to 11,000 megawatts by 2040.
January 17 -
"I'm thrilled to have that opportunity to join the team," Patrick McCoy says. "It's a very important project with regional implications. To be part of that team is going to be very exciting."
December 21 -
The rating agency cited progress on long-term fiscal stability and budgeting in its decision.
September 12 -
Last year the university's investment portfolio grew by 47%, a factor contributing to the university's triple-A ratings.
May 16 -
The upgrade to A-minus from BBB-plus "reflects what we view as material improvement in the state's structural deficit and near-term liquidity," S&P said.
April 1 -
Gov. Phil Murphy proposes to make an additional $1.3 billion deposit into the state’s Debt Defeasance and Prevention Fund.
March 24 -
Moody's said the upgrade reflects continuing strong revenue and liquidity trends, completion of a debt-reduction program and increased pension contributions.
March 2 -
Bonds defeased include state GOs and securities from the New Jersey Building Authority and the Economic Development Authority.
February 4 -
The agency cited “the appropriation of the full actuarial pension contribution in fiscal 2022 for the first time in 26 years" coupled with improved reserves.
January 12 -
A $3.7 billion transfer from the general fund would cover $2.5 billion for retiring and defeasing state debt, and $1.2 billion to backstop capital construction projects.
June 29