BUSINESS REPORT

Millions of frozen state funds released

BY Rhonda Schaffler, Correspondent |

The Murphy administration is releasing millions in additional funding for community programs around the state. The Treasury Department gave the green light to releasing the remaining $121 million that the administration put into reserve, in case the state experienced a revenue shortfall. But revenue collections are up so far this fiscal year.

A task force appointed by the governor to investigate the EDA released a report Thursday that is critical of the agency’s process in awarding tax incentives.

A Trenton-based company has put a fresh spin on how to reuse and recycle.

WATCH: Extended interview with Anthony Rossi, TerraCycle vice president of business development.