ASSEMBLY APPROPRIATIONS COMMITTEE

STATEMENT TO

ASSEMBLY, No. 5287

STATE OF NEW JERSEY

DATED:  JUNE 23, 2026

      The Assembly Appropriations Committee reports favorably Assembly Bill No. 5287.

      As reported, this bill reallocates certain prior-year unexpended funds appropriated to the City of Paterson for Recreation Center Capital Improvements to the New Jersey Community Development Corporation for a youth center project in the City of Paterson.

      The Fiscal Year 2025 annual appropriations act allocated $2 million to the City of Paterson for recreation center capital improvements.  This bill amends the Fiscal Year 2026 appropriations act to reassign the balance of that appropriation, which remains unspent, from the City of Paterson to the New Jersey Community Development Corporation to support a youth center project in the City of Paterson.  The State also appropriated $5.13 million to the New Jersey Community Development Corporation for this purpose in Fiscal Year 2025.  This bill does not increase appropriations in the Fiscal Year 2026 appropriations act.

FISCAL IMPACT:

      This bill is not certified as requiring a fiscal note.