October 16, 2014
SURVEY RESPONSES MUST BE RECEIVED BY TUESDAY, OCTOBER 28.
LET US KNOW WHICH OPTIONS WILL WORK FOR YOUR MUNICIPALITY
On June 30th 2015, less than nine months from today, New Jersey’s Transportation Trust Fund will go broke and have no capacity to pay for any transportation projects. Experts estimate that the TTF needs $20 billion over the next 10 years to maintain and improve the state’s roads, bridges and mass transit systems, provide local aid, as well as to begin critical projects. The lack of a long-term solution to this dire problem threatens the safety and quality of life of residents and commuters, as well as the state’s business climate and economy.
We know that New Jersey’s municipal leaders are acutely aware of the need for investment in local roads and bridges and the challenges associated with funding these critical projects. Now, we need to know what solutions will work best for your municipality.
If you have not yet done so, please complete the short survey that we have posted on our website. We need your responses by Tuesday, October 28 to assist us in this matter.
Click here to begin the survey.
On Wednesday, September 24 Mayors Robert Jackson of Montclair and Timothy McDonough of Hope urged the Assembly Transportation and Independent Authorities Committee to prioritize New Jersey’s transportation funding, and to put our State’s economic future on solid footing. With the Transportation Trust Fund facing insolvency early next year, the Mayors, representing the New Jersey League of Municipalities, called for bold, bipartisan action.
In that hearing, the Committee asked the League to survey its membership on transportation funding options and report back to them at the Committee’s final hearing held during the League’s Annual Conference on Thursday, November 20, 9 AM, Hall A, Atlantic City Convention Center. We respectfully request you complete this survey.
Very truly yours,
William G. Dressel, Jr.