April 14, 2009
Re: Additional Municipal Transportation Funding Proposed for FY 2010
Yesterday, in Trenton, Governor Corzine, along with New Jersey Department of Transportation Commissioner Stephen Dilts, announced the proposed Fiscal Year 2010 Transportation Capital Program. The $3.6 billion program funds $2.2 billion in NJDOT projects and $1.4 billion in NJ TRANSIT construction projects that will create jobs, relieve congestion, improve the mass transit system, and increase the overall safety of the State transportation network.
The proposed NJDOT FY2010 Capital Plan will also provide an additional $50 million more in local aid than in the current Fiscal Year, which ends on June 30, 2009. Specifically this will be $25 million more in municipal aid and an additional $25 million more in county aid.
The additional $25 million more in municipal aid will bring the total funding for municipal projects and priorities to $103.75 million provided in Fiscal Year 2010.
The Department has already asked municipalities to submit FY2010 municipal aid applications and the deadline for submitting the applications is June 12, 2009. A separate application for each project must be completed and submitted on or before
June 12, 2009 on-line through SAGE at https://treasuryapps.state.nj.us/NJDOTSAGE
The increased funding will enable the Department to fund more local projects and meet the needs of more municipalities. The funding will help with road resurfacing, rehabilitation, reconstruction, signalization projects and other transportation projects on municipal roads.
An additional $25 million more in County Aid for FY2010 will also be available, on top of the $78.75 million provided in Fiscal Year 2009.
The entire proposed plan can be viewed online at the Department’s website at http://www.state.nj.us/transportation/capital/tcp10/
We thank Governor Corzine and Commissioner Dilts for proposing this valuable assistance in these trying times.
Very truly yours,
William G. Dressel, Jr.