In an exuberant one-hour, five-minute budget address to the 219th Legislature on Tuesday, Gov. Phil Murphy proposed a $40.9 billion spending plan that includes several proposed ways to raise new revenue to help curb property taxes, fund schools, expand employee health care benefits and boost payments to the state’s pension system.

The largesse from these programs would go toward benefiting the middle class, the state’s 56th governor said in his third budget address that comes one month into the second half of his first term.