Possible Gas Tax Hike in NJ

The State of New Jersey has benefited from having the second lowest gas rates in the nation. But now with bridges and roads crumbling according to a report by the American Society of Civil Engineers which classified New Jersey’s deteriorating infrastructure with a D-plus grade, and with the New Jersey Transportation Trust Fund scheduled to run out of money at the end of the month, and New Jersey Transit in need of a fare increase to sustain services — all paths are leading to heated talk that New Jersey may soon have higher gas taxes after years of saying no. Governor Chris Christie, a Republican is against any increases being proposed by leading Democrats. The latest proposal would raise the gas tax by 23 cents per gallon, bringing the cost per gallon on par with neighboring states. Along with roads and bridges struggling New Jersey Transit is struggling with their own financial problems. The money they receive from Federal and state subsidies have been decreasing and New Jersey Transit has been relying more and more on fares to cover costs. New Jersey Transit is looking at a possible fare increase of 9 percent. Nancy Snyder, a spokeswoman for New Jersey Transit said that currently fares cover 47 percent of the budget, up from 40 percent a decade ago. Transportation Commissioner, Jamie Fox, told lawmakers in April “our bridges and roads are old, crumbling and getting worse everyday,” he added, “We can no longer kick the can down the road.” Christie stated in a radio interview, that “all options are on the table.”

Snow Closings Updated Regularly

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