The Turnpike Authority Board of Commissioners approved its 2024 budget, which includes a 3% toll increase for the New Jersey Turnpike and Garden State Parkway.
More than $3.5 billion in toll money will be redirected to NJ Transit over the next seven years, under an agreement approved by New Jersey Turnpike Authority commissioners Tuesday.
Senate President Steve Sweeney has a plan to dedicate a half-billion dollars a year to NJ Transit, hopefully stabilizing its finances and ending its practice of shifting capital funds into its operating budget.