No fare hikes in NJ Transit's $2.9B budget, but fiscal cliff still ...
Jul 20, 2023 · NJ Transit’s board approved roughly $2.9 billion in spending for the 2024 fiscal year Wednesday night that comes with no fare hikes, but it remains unclear how the long-struggling …
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No Fare Hikes In NJ Transit's $2.9B Budget, But Fiscal Cliff Still ...
4 days from now
Jul 20, 2023 · NJ Transit’s board approved roughly $2.9 billion in spending for the 2024 fiscal year Wednesday night that comes with no fare hikes, but it remains unclear how the long-struggling …
newjerseymonitor.com
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NJ Transit May Finally Have Dedicated Funding, But Still Needs A …
4 days from now
Mar 12, 2024 · NJ Transit's proposed $3 billion proposed operating budget doesn't predict a future fiscal cliff if Gov. Phil Murphy's proposed business transit fee is passed, but a fare hike is still …
nj.com
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NJ Transit Adopts $2.9B Operating Budget, No Fare Hikes - PBS
4 days from now
Jul 20, 2023 · But the agency is facing a looming fiscal cliff there are no fair hikes in the nearly 2.9 billion dollar budget and a transits board voted to approve last night but there's bad news for commuters ...
pbs.org
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NJ Transit Approves $3B Budget Amid Outcry Over Fare Hikes
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Jul 25, 2024 · NJ Transit’s board approved a $3 billion operating budget that will spend the last of the agency’s federal COVID-19 relief dollars and is expected to sharply raise fare collection …
newjerseymonitor.com
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NJ Transit CEO Says Fare Hikes Will Keep Agency From ‘death Spiral’
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Apr 11, 2024 · The agency’s farebox revenue is projected to grow by $170.7 million in the new fiscal year, with the fare hikes that are effective July 1 responsible for $106.6 million in …
newjerseymonitor.com
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Proposed 15% Fare Hike Won’t Avoid NJ Transit’s Next Fiscal Cliff.
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Jan 27, 2024 · NJ Transit is proposing a 15% fare increase — its first in almost 10 years — to be followed up with continual annual 3% fare increases. That and $44 million in financial cuts are …
nj.com
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NJ Transit Adopts $2.9B Operating Budget, No Fare Hikes
4 days from now
Jul 20, 2023 · The board of New Jersey Transit on Wednesday approved a new $2.86 billion operating budget that does not raise fares. But it also does not offer a way to keep the agency from falling off a looming billion-dollar fiscal cliff in a couple years.
njspotlightnews.org
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How Will NJ Transit Avoid Fare Hikes After Latest Move ... - Transit …
4 days from now
Dec 2, 2023 · In April, a four-year NJ Transit budget forecast predicted a growing shortfall as federal COVID-19 aid runs out next year, starting at $119 million in fiscal year 2025, beginning …
transittalent.com
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NJ Transit Adopts $2.9B Operating Budget, No Fare Hikes - OPB Video
4 days from now
But the agency is facing a looming fiscal cliff But the agency is facing a looming fiscal cliff ... NJ Transit adopts $2.9B operating budget, no fare hikes. Season 2023 Episode 07/20/2023 ... in …
opb.org
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NJ Transit Fare Increase Gets Immediate Backlash - Bergen Record
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Jan 29, 2024 · The proposal comes as the agency faces a $120 million fiscal cliff and a nearly $1 billion shortfall the next year, amid lagging ridership ... NJ Transit’s annual fare hikes would …
northjersey.com
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NJ Transit Wants To Raise Fares 15% To Stay Ahead Of Budget Shortfall
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Mar 4, 2024 · NJ Transit wants bus and train riders to cough up more fare money to help rescue the agency from looming budget deficits. A plan to increase fares 15% on July 1 and then by …
inquirer.com
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NJ Transit Proposes Fare Hikes Of Up To 15% - New Jersey Monitor
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Jan 24, 2024 · The fare hikes are meant to address a fiscal cliff the agency faces in the fiscal year that begins July 1, when expenses will outstrip revenue by $106.6 million, according to new …
newjerseymonitor.com
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NJ Transit Faces Fiscal Cliff, Proposes 15% Fare Hike Across The …
4 days from now
The agency claims the fare hike will cover an expected budget gap of $106.6 million in fiscal year 2025, which begins on July 1. NJ Transit also estimates they will need an annual infusion of …
sierraclub.org
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Without A Fare Increase Or More State Aid, NJ Transit Faces A $957M ...
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Apr 18, 2023 · NJ Transit's budget forecasts predicts the agency faces funding shortfalls starting in fiscal year 2025. ... NJ Transit could face a $119.4 million fiscal shortfall as soon as the last …
nj.com
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NJ Transit Riders Face 15% Fare Increase To Close Budget Gap
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Jan 24, 2024 · New Jersey Transit could lose 1.4% of its ridership the next fiscal year. New Jersey Transit had initially projected a $119 million budget gap for fiscal year 2025 which …
yahoo.com
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SEPTA Says It’ll Raise Fares Additional 21.5%, Shut Down Some Routes
4 days from now
Nov 12, 2024 · The five-county transit agency has been warning for months that the end of federal pandemic relief aid had left it with a $240 million annual budget gap that would lead to higher …
billypenn.com
FAQs about No fare hikes in NJ Transit's $2.9B budget, but fiscal cliff still ... Coupon?
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