Monday, March 27, 2017

NJ To Spend $400 Million On Transportation

TRENTON — New Jersey will spend $400 million for transportation projects under legislation signed Monday by Gov. Chris Christie.
The Democrat-led Legislature sent Christie the bill after he sought the supplemental funding during his budget speech last month.
The legislation allocates $260 million for roads and bridges and $140 million for NJ Transit.
Lawmakers said that the Department of Transportation will specify which projects are paid for and that the money would be spent within 100 days.

Lawmakers say the NJ Transit money is aimed specifically at technology improvements and safety on the system.
The legislation boosts the current fiscal year transportation trust fund from $1.6 billion to $2 billion. That's the level Christie and lawmakers set for the next eight years in a 2016 deal.

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