No fare hike in NJ Transit budget

July 9, 2008 6:45:34 PM PDT
Good news for commuters. NJ Transit's new budget contains no fare increases. The $1.7 billion operating budget for fiscal 2009 maintains current levels of service while covering increased costs for fuel, power and parts.

Some of those costs will be offset by a $60 million increase in operating support contained in the recently signed state budget.

NJ Transit says it's making cuts in marketing and advertising.

A $1.3 billion capital spending plan also was approved Wednesday. It has money to modernize stations and buy new buses, multilevel rail cars and locomotives.

Ridership on NJ Transit's buses and trains reached record levels in the second quarter of 2008, with an average of nearly 900,000 passenger trips each weekday.


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