The state of New Jersey has implemented what appears to be a last-ditch effort to prevent seniors from leaving the state: “Stay NJ” property tax relief. In response to a senior

Gov. Mikie Sherrill submitted her first budget to the Legislature on Tuesday, a $60 billion plan that she says will shave down a severe spending deficit

New Jersey Gov. Mikie Sherrill on Tuesday unveiled her first state budget proposal, a record $60.7 billion spending plan that would boost funding for pensions, schools, and transportation — alongside cuts that include scaling back a recently launched but oft-scrutinized property-tax break designed to keep seniors from fleeing the state.

The ANCHOR NJ property tax relief for renters may seem confusing with NJ Stay and Senior Freeze. Here's what to know, how to apply and check status.

The new governor is looking at steep cuts, increased costs to businesses and a rollback of a program meant to keep seniors from fleeing the state.

As the state faces budget woes — and as consumers continue to cope with higher prices for just about everything — the Stay NJ property tax benefit could be getting more than a trim. It could be a full-blown haircut.

The governor noted that over the past eight years, the state budget increased by an average of 6.8% annually. Under her proposal, she said, spending would rise by just 1.6%.