Monday, October 13, 2014

NJ Spends 2 Million + Per Mile


New Jersey spent more than $2 million per mile -- over a dozen times the national average  -- on state-run roadways in 2012, according to a recent report by the Reason Foundation.

The state ranks 48th overall based on its below-average or poor ranking in nine of 11 categories detailed in the report....

According to a report by the Gannett Statehouse Bureau, the Transportation Trust Fund used by the state to fund most of its construction budget, the fund is on-pace to exhaust its borrowing capacity in June of next year. The trust fund also provides money to counties and municipalities.

Entire story at
http://www.pressofatlanticcity.com/news/breaking/new-jersey-spends-times-national-average-per-mile-of-state/article_dcebf3f0-52e2-11e4-9aa3-9ba8e5a17c1c.html 

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