Following a press conference on the impacts of a proposed 2.5% Corporate Transit Fee on Tuesday, a few reports indicated the New Jersey Business & Industry Association (NJBIA) supported increasing of New Jersey sales tax as a funding source for the proposed tax on business.
New Jersey’s straphangers will be digging deeper into their pockets to pay for bus and train rides after the state’s transit agency approved a double-digit fare increase.
N.J. Transit was presented the “Leading Capital Construction Projects” award from the New Jersey Alliance for Action for its Hoboken Connect project and the Market Street Bus Garage rehabilitation project in Paterson.
N.J. Transit is advancing the construction of the new Raritan River Drawbridge, with major infrastructure work on the North Jersey Coast Line (NJCL) this weekend.
New Jersey has routinely raided the state’s Clean Energy Fund to cover unrelated state budget gaps, diverting almost $2 billion since 2010 away from a fund intended to reduce fossil fuel reliance, according to a new report released Thursday.
The New Jersey Turnpike Authority has approved a deal to make tens of millions of dollars in annual loan payments to finance New Jersey’s share of a $16 billion rail tunnel project.