New Jersey proposes $3.8B for 2014 transportation upgrades
The Associated Press
NEWARK, N.J. — New Jersey transportation officials are proposing a $3.8 billion capital program for the 2014 fiscal year.
The proposed budget breaks down as $2.6 billion in New Jersey Department of Transportation investments and $1.2 billion in improvements to New Jersey Transit.
The budget focuses on maintaining existing assets and promoting programs to ease congestion.
It also includes grant funding for local transportation projects, so that local governments can undertake upgrades without taxpayers being asked to fund them.
The funding will go to major DOT projects such as the $1 billion rehabilitation of the Pulaski Skyway in northern New Jersey and safety improvements at the interchange of I-295, I-76 and Route 42 in Camden County.
Major NJ Transit projects include renovating train stations in Elizabeth and Red Bank.
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