NJ Transit fare hikes unlikely through at least 2024
Published: April 19, 2021
Governor Phil Murphy signs an executive order requiring NJ TRANSIT to release monthly rail performance metrics at the Bay Street Train Station in Montclair on August 19, 2019. Edwin J. Torres/GovernorÕs Office.
TRENTON – Between federal funds flowing from three rounds of coronavirus aid and a growing pool of money deriving from New Jersey Turnpike Authority toll increases, fares aren’t likely to increase on NJ Transit for the next three years, according to the head of the agency.
Kevin Corbett, NJT’s president and chief executive officer, told the Assembly Budget Committee at a Monday hearing that the projection of maintaining current service levels through fiscal 2024 also counts on a gradual comeback in ridership that’s underway already.
NJ Transit fare hikes unlikely through at least 2024
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NJ Transit fare hikes unlikely through at least 2024
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By Greg Lalevee and Nat Bottigheimer
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