April 4, 2015 |
New Jersey's transit agency is considering a fare hike to fill a revenue shortfall, its director told lawmakers Thursday. NJ Transit officials said they expected to propose a fare increase by the end of April, in light of a $60 million gap in next year's operating budget. Testifying before the Senate Budget Committee, executive director Veronique Hakim did not specify how much the agency might raise fares. But given the size of its last fare increase in 2010 - which averaged 22 percent - "any proposal we put on the table would have to be substantially less than that to be palatable," Hakim said.
November 16, 2012 |
After losing the right to use the familiar TransitChek name for its commuter-benefits program, the Delaware Valley Regional Planning Commission on Wednesday unveiled a renamed program for Philadelphia-area commuters and employers. The program, which allows workers to deduct pretax dollars from their paychecks to purchase transit fares, will now be called RideECO. "The name is changing, but nothing administratively will change," said Stacy Bartels, manager of marketing and commuter services for DVRPC.
March 27, 2010 |
Bus and train riders urged NJ Transit officials yesterday to scale back planned fare hikes and service cuts and to require motorists to share the pain through higher gas taxes. In a public hearing at Camden City Hall - one of 12 being held around the state this week - transit users said the proposed 25 percent increase in fares fell on those who could least afford it. "If you raise the fares too high, I don't know how I'll be able to keep my job," said Nancy Ingling, 49, of Lumberton.
March 22, 2010 |
As New Jersey looks for ways to pay for highways and transit after the state's Transportation Trust Fund runs dry, it can expect to find pain at every turn. The possibilities, based on what other states have done, include higher taxes, new taxes, higher tolls, new tolls, and higher fees. Or maybe a combination of them all. The option that would raise the most money would be to no longer exempt motor fuels from New Jersey's sales tax, which would raise about $890 million a year.
March 6, 2010 |
Higher fares. Fewer trains. Longer waits for buses. That's the future for NJ Transit riders, as the agency yesterday announced 25 percent fare hikes and widespread service cuts to help address a $300 million budget shortfall. The measures, which could take effect May 1, would increase a one-zone bus ride to $1.70 from the current $1.35. The cost of a train ticket to New York City from the Hamilton station, near Trenton, would become $15, up from $12. What is now a $59 monthly bus pass would cost $74, and a monthly train pass that is currently $198 would be $248.
February 28, 2010 |
James Simpson, nominated to be New Jersey's transportation commissioner, faces a daunting list of challenges: a nearly bankrupt transportation fund, the worst roads in the nation, and higher bus and transit fares. Simpson, a former trucker who led the Federal Transit Administration in the second Bush administration, is scheduled for a confirmation hearing tomorrow before the state Senate's Judiciary Committee. He'll face tough questions about how to solve problems inherited from his predecessors, with his options limited by Gov. Christie's rejection of any increases in gas taxes or highway tolls.
February 19, 2010 |
Plans in New Jersey to cut service and drastically raise transit fares ran into sharp criticism at a legislative hearing yesterday, as the new boss of New Jersey Transit outlined Gov. Christie's plan to save money by reducing the state's transit subsidy. Lawmakers and transit advocates said bus and train passengers were being unfairly targeted while car and truck drivers were not being asked to share the financial pain. James Weinstein, executive director of NJ Transit, said that no decision had been made on how much to raise fares, but that the proposed hike would be "significant.
November 26, 2007
PATCO riders soon will board their trains simply by waving a new high-tech fare card at a turnstile censor. As for SEPTA rail passengers, they're likely to keep wagging their fingers in anger over onboard ticket surcharges. Those charges stem, in part, from the fact that the region's biggest transit agency has long delayed its switch to a "smart card" fare. At least, SEPTA is offering riders a credit now if they buy a return-trip ticket. But the smart cards are better news for PATCO riders.
June 1, 2003
This excerpt from the Pennsylvania Sunshine Act is presented for the benefit of the SEPTA board: "Secrecy in public affairs undermines the faith of the public in government and the public's effectiveness in fulfilling its role in a democratic society. " OK, the Sunshine Law may be the one Pennsylvania law that elected officials most love to break. But it is still the law. And it seems fairly clear. Government boards may meet behind closed doors only to discuss lawsuits against the agency, personnel matters or labor negotiations.
January 7, 2002
Basic economics: You cannot run a business in which expenses consistently exceed income. Bookkeeping gymnastics may delay the reckoning, but eventually it comes. Without a doubt, New Jersey Transit has been underfunded and overextended. But officials have made bad matters worse by imprudently juggling finances since the 1990s. And, so, that day of reckoning has come. NJ Transit faces a $3.1 billion deficit over the next five years. That's why its board of directors will likely support a 10 percent average rate increase - the first since 1991 - at a meeting set for today in Newark.