ASSEMBLY BUDGET COMMITTEE
STATEMENT TO
ASSEMBLY, No. 4720
STATE OF NEW JERSEY
DATED: SEPTEMBER 22, 2020
The Assembly Budget Committee reports favorably Assembly Bill No. 4720.
This bill appropriates $32,711,205,000 in State funds and $13,856,161,239 in federal funds for the State budget for Fiscal Year 2021. In accordance with the provisions of Article VIII, Section II, par. 2, New Jersey Constitution, the Fiscal Year 2021 appropriations bill identifies anticipated resources sufficient to meet projected appropriations.
The following compares the recommendations of the Governor's Fiscal Year 2021 revised budget proposal with that of the appropriations bill:
SUMMARY OF FY 2021 APPROPRIATIONS
($ millions)
|
Non-Federal Resources Available, All Funds |
Governor's Revised Budget Proposal |
A-4720 |
|
|
|
|
|
Undesignated Fund Balances October 1, 2020 |
$2,080.1 |
2,080.1 |
|
Non-Federal Revenues Anticipated |
$32,690.3 |
$33,273.9 |
|
Total Non-Federal Resources Available |
$34,770.5 |
$35,354.0 |
|
Non-Federal Appropriations, All Funds |
Governor’s Revised Budget Proposal |
A-4720 |
|
Direct State Services |
$6,560.3 |
$6,543.6 |
|
Grants-in-Aid |
$8,967.4 |
$9,249.0 |
|
State Aid |
$15,065.1 |
$15,097.3 |
|
Debt Service |
$490.0 |
$490.0 |
|
Capital Construction |
$1,331.3 |
$1,331.3 |
|
Total |
$32,414.1 |
$32,711.2 |
|
Undesignated Fund Balances, All Funds, June 30, 2021 |
$2,238.3 |
$2,524.8 |
SUMMARY OF APPROPRIATIONS BY DEPARTMENT
ALL FUNDS
($ millions)
|
Appropriations |
Governor's Revised Budget Proposal |
A-4720 |
|
|
|
|
|
Legislature |
$66.6 |
$71.7 |
|
Chief Executive |
$5.5 |
$5.5 |
|
Agriculture |
$20.5 |
$37.7 |
|
Banking and Insurance |
$51.2 |
$51.2 |
|
Children and Families |
$897.2 |
$921.8 |
|
Community Affairs |
$600.0 |
$651.1 |
|
Corrections |
$783.5 |
$803.8 |
|
Education |
$13,396.8 |
$13,344.5 |
|
Environmental Protection |
$286.3 |
$308.3 |
|
Health |
$787.6 |
$838.7 |
|
Human Services |
$5,045.6 |
$5,085.6 |
|
Labor and Workforce Development |
$130.5 |
$130.5 |
|
Law and Public Safety |
$484.1 |
$499.1 |
|
Military & Veterans' Affairs |
$68.8 |
$69.0 |
|
State |
$1,072.2 |
$1,202.3 |
|
Transportation |
$1,514.3 |
$1,514.6 |
|
Treasury |
$1,869.4 |
$1,910.9 |
|
Debt Service |
490.0 |
$490.0 |
|
Misc. Executive Commissions |
$0.8 |
$0.8 |
|
Interdepartmental |
$4,222.3 |
$4,153.0 |
|
Judiciary |
$621.2 |
$621.2 |
|
TOTAL |
$32,414.1 |
$32,711.2 |