July 29, 2022 | njspotlightnews.org
New Jersey Transit is significantly increasing its annual spending on capital projects after getting big cash infusions from the state and federal governments.
Under an updated plan approved by NJ Transit’s board earlier this month, the agency is now budgeting more than $2.6 billion for capital projects during the fiscal year that ends June 30, 2023.
NJ SEED: The state’s mass transit infrastructure is vital to the economy of NJ due to the great number of commuters it must accommodate. The infusion of cash to tackle much need improvements is welcome and lessens the need for riders to face big fare increases.