Skip to content
Link copied to clipboard
Link copied to clipboard

N.J. corporate tax-break program that helped Camden lacks oversight, audit finds

An audit ordered by Gov. Phil Murphy and released Wednesday found problems in the state agency that oversees tax incentives, including a program that steered more than $1.5 billion to companies that agreed to stay in or relocate to the long-struggling city of Camden.

New Jersey Gov. Phil Murphy ordered an audit of the state's tax incentive programs for companies. The report found insufficient monitoring and oversight.
New Jersey Gov. Phil Murphy ordered an audit of the state's tax incentive programs for companies. The report found insufficient monitoring and oversight.Read moreTOM GRALISH / Staff Photographer