NJ Transit made its case for the "adjustment" on its website citing a COVID-19 pandemic drop in ridership, increased operational costs and the $30 million cost of taking on routes and services abandoned by private carriers.
State tax collections are growing at an unprecedented rate and a portion of the windfall appears likely to be used to provide more direct tax relief to residents.
The tax filing deadline was Monday – but people who neglected to claim their child tax credit or earned income tax credit can still file amended or late returns to get the money for which they’re eligible.