Booming tax collections leave New Jersey $10.1B surplus

TRENTON, N.J. --- New Jersey will carry a $10.1 billion surplus into the new fiscal year that starts July 1, a stark turnaround from last year when Democratic Gov. Phil Murphy sought to borrow almost $10 billion because of a revenue downturn. State Treasurer Elizabeth Muoio delivered the news to the Democrat-led state Senate Budget [...]