March 16, 2010
Agency is currently restructuring available finances to limit any potential negative impacts of the shortfall on riders and taxpayers.
March 5, 2010
The plan calls for most of the changes to take effect May 1, 2010, and NJ Transit expects to generate more than $140 million in revenue.
November 19, 2009
Move will save agency approximately $70 million over the life of the contract and cut anticipated operating deficit in half.
November 17, 2009
The proposed increase positions COTA closer to the transit industry standard fare box recovery rate while accounting for the inflationary factors that impact the cost of providing transit service.
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