NJ Transit plans to hold the line on fares and is moving ahead with a nearly $10 billion capital improvement program. Most of that money would be spent building a train tunnel to Manhattan.
Sarles says the 17 percent decrease in annual state aid would only affect the operations budget.
NJ Transit is cutting 140 administrative jobs through attrition and is consolidating office space in a bid to cut costs.
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Information from: The Record of Bergen County, http://www.northjersey.com
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