At Assembly budget committee hearing, the state transportation commissioner warns the budget adopted next summer will be quite challenging for NJ Transit.
With traffic and revenue down due to the pandemic, the Turnpike Authority plans to refinance debt to defer payments but hasn’t yet reduced operating budgets.
The $50M added to the state budget by lawmakers for the subsidy to NJ Transit will remain in the spending plan when it is enacted Sunday by Gov. Phil Murphy.
Echoing calls of advocacy groups, the second-ranking Senate Democrat calls for up to $75 million in additional state funding for NJ Transit operations.