NJ Transit board approves budget - Dallas News | myFOXdfw.com

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>>

  • NJ brush fire forces evacuations

    NJ brush fire forces evacuations

    Thursday, April 24 2014 6:58 PM EDT2014-04-24 22:58:52 GMT
    A school and several homes in Ocean County were evacuated on Thursday afternoon because of a large brush fire that was being fanned by winds. Some residents returned a few hours later. The fire burned about half a square mile.
    A school and several homes in Ocean County were evacuated on Thursday afternoon because of a large brush fire that was being fanned by winds. Some residents returned a few hours later. The fire burned about half a square mile.
  • Princeton University giving town $24M

    Princeton University giving town $24M

    Thursday, April 24 2014 5:33 PM EDT2014-04-24 21:33:55 GMT
    Princeton University has agreed to contribute more than $24 million over the next seven years to the town of Princeton. The deal was announced Thursday and is set for consideration by the town government's approval on Monday. The university and town officials frame it was as a way to resolve an age-old issue in college towns where much of the land is university-owned and thus tax-exempt.
    Princeton University has agreed to contribute more than $24 million over the next seven years to the town of Princeton. The deal was announced Thursday and is set for consideration by the town government's approval on Monday. The university and town officials frame it was as a way to resolve an age-old issue in college towns where much of the land is university-owned and thus tax-exempt.
  • Large brush fire raging in Berkeley; homes evacuated

    Large brush fire raging in Berkeley; homes evacuated

    Thursday, April 24 2014 1:05 PM EDT2014-04-24 17:05:30 GMT
    A massive brush fire is burning acres of land between Grand Central and Northern Boulevards in Berkeley. Homes are being evacuated in the area. Police are in the area, including helicopters. We'll have more on this story as it becomes available.
    A massive brush fire is burning acres of land between Grand Central and Northern Boulevards in Berkeley. Homes are being evacuated in the area. Police are in the area, including helicopters. We'll have more on this story as it becomes available.
Powered by WorldNow

KDFW FOX 4
400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

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