N.J. Transit to forgo fare increase

Posted on April 28, 2009

In prepared testimony submitted to the Assembly Budget Committee, New Jersey Transit Executive Director Richard Sarles said that the agency’s FY2010 budget does not include a fare increase for riders, despite a cutback in state operating support for the agency.


Sarles said the agency will balance its budget by cutting administrative expenses by $22.5 million to partly offset the shortfall, as well as benefit from federal funds made available from the U.S. Department of Transportation. 


The agency has reduced administrative cost to an all-time low with expenses now accounting for only eight cents out of every operating dollar, with a full 92 cents going to service delivery, said Sarles. He also noted that NJ Transit is more cost effective than its peer agencies on a cost-per-passenger-mile basis.


NJ Transit eliminated 140 jobs this year through attrition and early retirement, and has instituted both hiring and wage freezes for non-agreement employees. It also expects significant savings in FY10 from a dependent health benefit audit, reduced marketing expenses, and cut backs in printing and customer service call center hours made possible through technology that allows customers to get more information online.


The agency is also proposing a $1.3 billion capital program focused on safety and state of good repair investments, as well as expansion projects.



View comments or post a comment on this story. (0 Comments)

More News

Stagecoach to deliver contactless bus travel across UK by end of 2018

The $15 million initiative will allow passengers to pay for their travel with a contactless credit or debit card, as well as Apple Pay and Android Pay.

Alexander Dennis' Enviro500 concept bus on display in Singapore

The full low-floor, three-door, two-staircase double-deck bus is being shown at the LTA-UITP Singapore International Transport Congress and Exhibition in Suntec City.

ETA adds Intelligent Transit System to Grand Valley

The new ITS provides Grand Valley with ETA's real-time arrival predictions, fare collection system integration, automatic on-board announcements, and the tools to track and chart system improvements over time.

Proterra names Honeywell, Tesla vet to COO post

Josh Ensign’s track record includes leading global operations for 42 factories in 15 countries and managing the supporting supply chains. 

Nova announces 2 major orders for San Antonio VIA, Houston Metro

The buses will be manufactured in Plattsburgh, state of New York, and the delivery of the vehicles has already begun in Houston.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close