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Department of the Treasury

State Treasurer Elizabeth Maher Muoio

New Jersey State Treasurer
Elizabeth Maher Muoio

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Treasury Press Releases

Date Title Link Type
Dec
4
2024

State Treasurer Elizabeth Maher Muoio announced today that the RetireReady NJ, New Jersey's State-administered retirement savings program, has reached $1 million in retirement savings since the launch of the program five months ago.

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Dec
2
2024

TRENTON - After a thorough review of fuel consumption statistics and consultation with the Legislative Budget and Finance Officer, the Department of the Treasury announced on Monday that New Jersey’s gas tax rate will increase by 2.6 cents per gallon beginning January 1, 2025 to support the State’s Transportation Trust Fund (TTF) program. This increase is the result of the 2024 law (Chapter 7) which gradually raises the State’s Highway Fuel Cap from Fiscal Year 2025 through Fiscal Year 2029. The FY2025 Highway Fuel Cap is set by the new statute at exactly $2.032 billion, which is $84 million, or 4.3 percent higher than the previous baseline level of $1.948 billion, and will increase each fiscal year, reaching $2.366 billion in FY2029.

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Nov
18
2024

TRENTON - The Department of the Treasury reported today that October revenue collections for the major taxes totaled $3.024 billion, a decrease of $12.9 million, or 0.4 percent below last year. Fiscal year-to-date, total major revenues of $11.239 billion are up $322.6 million, or 3.0 percent over last year.

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Nov
6
2024

TRENTON - The Department of the Treasury’s Division of Taxation has extended the deadline for eligible homeowners and renters to apply for the popular Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) property tax relief program, from November 30 to December 6.

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Oct
31
2024

TRENTON - New Jersey’s Pension Fund generated a final, unaudited return of 10.74% for the 12-month period ended June 30, 2024, which is 3.74% above the long-term assumed rate of return, Treasury’s Division of Investment reported during Wednesday’s meeting of the State Investment Council.

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2024 Press ReleasesArchived Press Releases
INVITATIONS & REQUESTS
Event invitations and speaker requests may be sent to Treasury.Events@treas.nj.gov.

 

NOTICE OF INVESTMENT OPPORTUNITY
New Jersey Social Impact Investment Fund

Thank you for the interest in the Notice. The State received many questions in response to the Notice and is currently in the process of finalizing responses to the questions received. Responses to all of the questions received will be posted here in the near future. Please continue to check this site for updates.

Bid Amendment No. 1 to SIIF Notice of Investment Opportunity

Bid Amendment No. 2 to SIIF Notice of Investment Opportunity

 

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Featured Treasury Publications

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FY 2025 Budget Detail  
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Last Updated: Wednesday, 12/04/24