New Jersey’s public television network may be forced to shut down next year after its nonprofit operator and the state’s Public Broadcasting Authority failed to reach a contract agreement, according to a statement released by the network, NJ PBS, on Tuesday.

NJ PBS attributed recent funding cuts to public broadcasting at the state and federal levels as “significant” factors in the possible closure. The contract between the network’s operator, the WNET Group, and the broadcasting authority expires on June 30, 2026, according to the statement.

It was not clear precisely how the funding cuts had led to the contract impasse. Debra Falk, a spokeswoman for NJ PBS, said Wednesday that WNET and the authority had been “too far apart on key aspects of the agreement about term and monetary obligations.”

“WNET is committed to supporting the state through this transition and looks forward to collaborating with New Jersey-based institutions interested in operating a public television network,” Ms. Falk said in the statement on Tuesday, suggesting the network could continue operations past the contract deadline if another operator was found.

The announcement from NJ PBS comes as state and federal funding cuts have targeted public broadcasting organizations across the United States, and as independent news outlets in New Jersey have closed.

The spending plan Gov. Philip D. Murphy, a Democrat, signed this summer slashed funding for NJ PBS to $250,000, down from $1 million in the previous fiscal year. President Trump and congressional Republicans also cut $500 million from public broadcasters around the country.