New Jersey

Railway Age, Feb, 2005

NJ Transit unveiled a preliminary $1.42 billion FY 2006 budget late last month, proposing fare increases averaging nearly 15% "to cover the cost of new and expanded services, as well as inflation, and spiraling fuel and security expenses." The proposal calls for a 13% increase in interstate rail and bus services, and a range of increases on intrastate subway, light rail, and bus fares.

No increase is planned in intrastate monthly commuter passes. NJ Transit Executive Director George D. Warrington said higher fares are needed to close a projected $60 million budget gap.