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The New Jersey Turnpike Authority was created by special legislation on April 14, 1949, to regulate the New Jersey Turnpike, which opened to traffic on November 30, 1951. It issued revenue bonds to finance the road based solely on future tolls , without using tax money.
However, the environmental impact statement the Turnpike Authority released in November predicts the expansion could increase traffic by more than a third when compared to 2021 traffic figures ...
The Port Authority of New York and New Jersey also uses an index, which is tied to inflation. ... "This would be the fourth time since 2020 that tolls have been increased in New Jersey. Turnpike ...
The New Jersey Turnpike (NJTP) is a system of controlled-access toll roads in the U.S. state of New Jersey.The turnpike is maintained by the New Jersey Turnpike Authority. [a] The 117.2-mile (188.6 km) mainline's southern terminus is at the Delaware Memorial Bridge on I-295 in Pennsville.
The state Turnpike Authority has failed to act since then. Gov. Phil Murphy in October effectively vetoed a budget because of a 3% toll hike. The state Turnpike Authority has failed to act since then.
The agency that became NJDOT began as the New Jersey State Highway Department (NJSHD) c. 1920. [3] NJDOT was established in 1966 as the first State transportation agency in the United States. The Transportation Act of 1966 (Chapter 301, Public Laws, 1966) established the NJDOT on December 12, 1966.
The Turnpike Authority had passed a 2024 budget that would raise tolls 3%. Both Republican and Democratic legislators had called for the veto. The Turnpike Authority had passed a 2024 budget that ...
Fasten your seatbelts, a toll hike is coming, effective March 1, according to the New Jersey Turnpike Authority. The average increase for passenger vehicles on the New Jersey Turnpike will be 15 ...