February 26th 2008
If I’m reading the new proposed state budget correctly, NJ Transit’s funding would go from $298.2 million to $358.2 million, an increase of 20%.
Elsewhere in the above document, I see references to increasing NJT’s funding by $100 million, then reducing it by $40 million. (That’s where the $60 million figure comes from.) The […]
February 21st 2008
I wrote about the advantages of raising the state’s gas tax back in October. Now, Assembly Transportation Committee Chairman John Wisniewski (D-Middlesex) has proposed a combination of an increased gas tax, increased tolls, and selling the lottery as a way to pay down state debt and pay for transportation projects:
Wisniewski’s plan would not create […]
January 22nd 2008
This poll is from Fairleigh Dickinson University:
Do you support or oppose raising tolls on the Turnpike and Parkway to provide new funds to repair bridges and roads, widen the Turnpike and restructure the state’s finances?
Support 34%
Oppose 57%
Mixed/Unsure 9%
January 17th 2008
A new poll from the Monmouth University Polling Institute on Governor Corzine’s scheme to raise tolls over 700% during the next 14 years:
Based on what you have read or heard do you favor or oppose this plan, or do you have no opinion?
Favor 15%
Oppose 56%
No opinion […]
January 15th 2008
Transit Panel Urges Gas Tax Increase
By THE ASSOCIATED PRESS
Published: January 15, 2008
Filed at 9:03 a.m. ET
WASHINGTON (AP) — A special commission is urging the government to raise federal gasoline taxes by as much as 40 cents per gallon over five years as part of a sweeping overhaul designed to ease traffic congestion and repair […]
January 13th 2008
Governor Corzine’s scheme to hike tolls more than 700% over 14 years is extremely unfair. According to figures published by the Star-Ledger, the burden of paying the state’s debt will be unfairly placed on the backs of the toll road users. The following chart shows the relative amount of tolls paid per capita […]
January 8th 2008
After spending many months and millions of dollars, Governor Corzine has finally released the details on his toll scheme. Bottom line, by 2022:
Turnpike tolls increase by over 8x today’s rates
Parkway barrier tolls increase to $5.40 (yes, $5.40 for each toll plaza)
This assumes a 3% inflation rate. If inflation is higher, the tolls will […]
January 6th 2008
The governor’s office has started releasing details of the public meetings for Governor Corzine’s secret monetization plan. The list of meetings can be found here. But you can’t just go and show up, you’re supposed to register in advance and provide your e-mail address and other personal information. However, the Governor’s spokeswoman […]
December 9th 2007
An article in the Sunday Star-Ledger makes it clear that some people stand to make huge amounts of money on Governor Corzine’s secret monetization plan (emphasis added):
Gov. Jon Corzine’s plan to raise highway tolls so he can slice the state’s debt by $16 billion is expected to unleash a huge free-for-all by Trenton lobbyists and […]
November 29th 2007
As we reported yesterday, the size of the toll and gas tax increases proposed by state Transportation Commissioner Kris Kolluri just don’t make sense. He’s talking about a large gas tax increase but is low-balling the size of the toll increase. Now Assemblyman John Wisniewski, who is chairman of the Assembly Transportation Committee, […]
