New Jersey Transit is due to present a proposed $2.1 billion operating budget for the coming fiscal year that doesn't include any fare increases.

Passengers ride the NJ Transit train from New York Penn Station to Trenton, NJ on May 14, 2015 in New York City. (Photo by Andrew Burton/Getty Images)

A board committee is scheduled to hear the presentation Wednesday morning.

NJ Transit officials are expected to address how they plan to close a $46 million operating budget gap without raising fares. The gap is due to retroactive pay that bus workers are owed under terms of a labor agreement reached last fall.

Republican Gov. Chris Christie announced in March there would be no fare increases for the next fiscal year.

NJ Transit raised fares an average of 9 percent last year, its fifth fare increase since 2002.

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