NJ Transit board approves budget - FOX 29 News Philadelphia | WTXF-TV

NJ Transit board approves budget

Posted: Updated:

NEWARK, N.J. (AP) -- New Jersey Transit has approved a budget that keeps fares the same for the fourth fiscal year in a row.
 
The $1.94 billion operating budget for fiscal 2014 is $37 million higher than fiscal 2013 spending plan.
 
Nearly half of the revenue in the budget approved Thursday comes from fares and reflects a $26.4 million or three percent growth in passenger revenue.
 
NJ Transit says approximately 58 percent of the operating budget will be spent on labor and fringe benefits costs.
 
NJ Transit's board also approved a $1.2 billion capital program. NJ Transit plans to use that money to buy new rail cars and buses. It also will be spent to make improvements along the Northeast Corridor, including work on the Portal Bridge and renovations at Newark Penn Station.

  • New Jersey NewsNew Jersey NewsMore>>

  • Firefighters rescue crane operator

    Firefighters rescue crane operator

    Wednesday, July 30 2014 6:12 AM EDT2014-07-30 10:12:48 GMT
    Firefighters in northern New Jersey rescued an Iowa man when his bucket crane buckled. Josh Lovell of Melcher, Iowa, was working on lights when the crane broke Tuesday.
    Firefighters in northern New Jersey rescued an Iowa man when his bucket crane buckled. Josh Lovell of Melcher, Iowa, was working on lights when the crane broke Tuesday.

  • Man convicted of murder in fatal sauce pan beating

    Man convicted of murder in fatal sauce pan beating

    Tuesday, July 29 2014 4:48 PM EDT2014-07-29 20:48:41 GMT
    A man who claimed he was high on drugs and hearing voices when he fatally beat an elderly man with a sauce pan has been found guilty of felony murder.
    A New Jersey man who said he was high on drugs and hearing voices when he fatally beat an elderly man with a sauce pan has been convicted of murder.
  • Mosquito-borne virus sickens 20 in NJ

    West Nile found in New Jersey mosquitoes

    Tuesday, July 29 2014 1:09 PM EDT2014-07-29 17:09:31 GMT
    Twenty New Jersey residents have tested positive for a mosquito-borne virus that has spread through the Caribbean. The state Health Department says the residents who came down with chikungunya had returned to New Jersey from the Caribbean. Chikungunya causes a high fever and severe pain in the joints. It is rarely fatal.
    Twenty New Jersey residents have tested positive for a mosquito-borne virus that has spread through the Caribbean. The state Health Department says the residents who came down with chikungunya had returned to New Jersey from the Caribbean. Chikungunya causes a high fever and severe pain in the joints. It is rarely fatal.
Powered by WorldNow

WTXF-TV
330 Market Street
Philadelphia, PA 19106-2796

Phone: (215) 925-2929
Fax: (215) 982-5494

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices