After years of starvation budgets, NJ Transit’s gotten renewed attention after Gov. Phil Murphy ordered an audit, signed a reform law and promised more money. But his proposed fiscal year 2020 budget increases NJ Transit funding by a scant $25 million, or 1%, and it still raids $460 million from the agency’s capital fund to help pay for daily operations.
“This is truly like using the college fund to pay for groceries, and it’s a financial habit that any of us, any of you, would advise a friend to break,” said Nat Bottigheimer, New Jersey director at the Regional Plan Association.
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