New Jersey needs more funding for transportation. Its a common refrain. New Jersey has the nation’s 2nd lowest gas tax at 10.5 cents.\u00a0<\/p>\n
New Jersey has a Transportation Trust Fund, but the funds \u00a0go to pay transportation bond debt. Sounding familiar?<\/p>\n
To fill transportation funding gaps, NJ raised its toll prices. It’s not enough.<\/p>\n
The head of the Assembly’s Transportation Committee wants to increase the wholesale gas price. The cost to people in NJ will be about 80cents per day, but it will raise $1.25 Billion per year for transportation funding.<\/p>\n
A couple weeks ago there was an election, and\u00a0a lone Republican Governor lost\u00a0his re-election bid in\u00a0Pennsylvania’s. He had\u00a0signed a\u00a0nearly 30 cent increase in the gas tax. That’s on Chris Christie’s mind as NJ grapples with funding transportation. [NorthJersey.Com<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":" New Jersey needs more funding for transportation. Its a common refrain. New Jersey has the nation’s 2nd lowest gas tax at 10.5 cents.\u00a0<\/p>\n New Jersey has a Transportation Trust Fund, but the funds \u00a0go to pay transportation bond debt. Sounding familiar?<\/p>\n To fill transportation funding gaps, NJ raised its toll prices. It’s not enough.<\/p>\n The head of the Assembly’s Transportation Committee wants to increase the wholesale gas price. The cost to people in NJ will be about 80cent…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,10,5,6],"tags":[],"class_list":["post-57","post","type-post","status-publish","format-standard","hentry","category-funding","category-legislative-trend","category-roads","category-tollroad","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/57","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=57"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/57\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=57"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=57"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}