http://www.philly.com/philly/wires/ap/news/state/new_jersey/20090708_ap_njtransitadoptsbudgetwithnofareincreases.html
NEWARK, N.J. - For the second year in a row, NJ Transit says it won't increase fares.
The agency's board of directors Wednesday approved a $1.8 billion operating budget for the next fiscal year that also avoids major service cuts.
Executive Director Richard Sarles says NJ Transit has been able to absorb a reduction in aid from the state through planned furloughs, wage freezes and labor contract savings.
NJ Transit also approved a $1.4 billion capital program for the year that dedicates nearly $200 million to the construction of a second rail tunnel into New York City.
Other projects include replacing aging trains and buses and making improvements at Metropark, Newark Penn Station and Ridgewood, Somerville and South Amboy stations.
http://www.philly.com/philly/wires/ap/news/state/new_jersey/20090708_ap_njtransitadoptsbudgetwithnofareincreases.html
NEWARK, N.J. - For the second year in a row, NJ Transit says it won't increase fares.
The agency's board of directors Wednesday approved a $1.8 billion operating budget for the next fiscal year that also avoids major service cuts.
Executive Director Richard Sarles says NJ Transit has been able to absorb a reduction in aid from the state through planned furloughs, wage freezes and labor contract savings.
NJ Transit also approved a $1.4 billion capital program for the year that dedicates nearly $200 million to the construction of a second rail tunnel into New York City.
Other projects include replacing aging trains and buses and making improvements at Metropark, Newark Penn Station and Ridgewood, Somerville and South Amboy stations.
http://www.philly.com/philly/wires/ap/news/state/new_jersey/20090708_ap_njtransitadoptsbudgetwithnofareincreases.html
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4 comments:
Like anyone one who commutes my first reaction is a postive one, here is one government provided service that is not costing me more. However, from a business standpoint I know that NJT's operating costs have gone up and they continue to make improvements. In the end rather than a small fare increase now we may be looking a at a large fare increase and or reduction in service in the future. NJT, while not perfect (who is?), it is by far a better operation then the MTA. But, I would rather pay a slight increase now if I can avoid a big increase or less service in the future.
how much you wanna bet the fares go up right afetr the elections?
Far better operation then the MTA?
Is that a joke.
The MTA offers 24 hour service with the same fare prices and no gaps in schedule. Who can beat that?
NYC Subway just went up to $2.25.
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