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transportation trust fund

transportation trust fund

Harsh Winter Creates High Number Of Potholes
Spencer Platt, Getty Images
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Could a gas tax hike hurt Christie if he seeks presidency?

Recent polls show a clear majority of New Jersey residents are not in favor of raising the gasoline tax to provide a stable funding source for the Transportation Trust Fund, which pays for all state road and bridge projects. Nevertheless, state officials, including Gov. Chris Christie, could soon announce a gas tax hike to ensure the TTF doesn't go bankrupt.

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Gov. Chris Christie discusses the Transportation Trust Fund during Ask The Governor on Dec. 15. (Kira Buxton, Townsquare Media NJ)
Gov. Chris Christie discusses the Transportation Trust Fund during Ask The Governor on Dec. 15. (Kira Buxton, Townsquare Media NJ)
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Christie expects decision on gas tax this year

The end is near for New Jersey's depleted Transportation Trust Fund. The TTF, which pays for all bridge and road repair work in the Garden state, will run out of money June 30 of next year, unless a dedicated source is found.

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NJ Assembly Democrats Facebook
NJ Assembly Democrats Facebook
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Trenton leaders talk tax hikes

The possibility of tax hikes is being openly discussed in Trenton by Democrats, along with other ways to get more of your money to dump into the road and bridge repair fund.

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gas pump
(Tom Merton, Getty Images)
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NJ industry group concerned about gas tax hike

Recent poll numbers show most New Jerseyans do not support increasing the state's gas tax to pump money into the nearly depleted Transportation Trust Fund, and neither does the New Jersey Gasoline Convenience Store and Automotive Association.    

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Harsh Winter Creates High Number Of Potholes
Spencer Platt, Getty Images
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NJ lawmakers scramble to find transportation cash

New Jersey lawmakers continue to scramble to find ways to fund the state's Transportation Trust Fund (TTF).

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Road construction
John Moore, Getty Images
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An idea to help replenish NJ’s Transportation Trust Fund

New Jersey's Transportation Trust Fund has racked up almost $15 billion in debt and if a new source of revenue isn't found by next year it will be bankrupt.

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Car and money
Dmitriy Melnikov, ThinkStock
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Will NJ’s new transportation boss push for gas tax?

Did Gov. Chris Christie pick Jamie Fox to lead the New Jersey Department of Transportation because he wants to push through a gas tax?

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Pile of Money
Ingram Publishing, Thinkstock
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Christie: A gas tax hike is ‘on the table for discussion’

As New Jersey lawmakers and special interest groups talk about the need to replenish the Transportation Trust Fund (TTF), the idea of a gas tax increase has gained momentum. Gov. Chris Christie has repeatedly said he will not raise taxes, but would he consider a hike on the gas tax?

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pothole
StockSolutions, ThinkStock
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New Jersey lawmakers look at transportation fund

MONTCLAIR, N.J. (AP) -- New Jersey lawmakers on Wednesday heard from a procession of advocates for business, labor and transportation groups that agreed that the state has too long delayed coming up with a way to pay for building and maintaining roads, bridges and mass transit.

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Road construction
John Moore, Getty Images
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Hearings to address NJ’s transportation trust fund

On Sept. 24, the New Jersey Assembly Transportation Committee will kick off the first in a series of public hearings to explore ways to replenish the state's Transportation Trust Fund (TTF), which provides money for road and bridge projects throughout the state.

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