October 3, 2016
League Statement on Transportation Trust Fund
The New Jersey State League of Municipalities offers the following comments regarding the Transportation Trust Fund compromise announced on Friday.
The Hon. Joseph Tempesta, Mayor of West Caldwell and President of the League stated,
“First and foremost, we deeply appreciate the continued efforts of the Governor, the Senate President and the Speaker to forge a compromise. In particular, we appreciate the commitment of both legislative leaders to assure an appropriate increase in local aid. The League has strongly advocated for adequate investment in our transportation systems, a restoration of local transportation funding and for fairness for property taxpayers. It appears that the compromise announced on Friday provides for sustained, long-term funding for transportation projects that does not rely on the property tax.”
The Honorable Timothy McDonough, Mayor of Hope Township, Past President of the League and Co-Chair of the League’s TTF Committee stated,
“The TTF is the top priority for New Jersey drivers, for New Jersey businesses and for New Jersey’s future. The Governor, the Senate President and the Speaker have shown their commitment to a bi-partisan solution to provide long-term, adequate, reliable funding for essential work on our vital transportation infrastructure. Further we have worked closely with Legislative Leadership, including Senators Sarlo and Oroho, and other stakeholders to assure a full restoration of funding for Local Aid, in recognition of the fact that local roads and bridges bear more than half of all traffic in our Garden State. This will provide a measure of relief to our over-burdened property taxpayers.”
For further information contact: Michael Cerra., Assistant Executive Director at (609) 609-695-3481 x120.
Follow the League on Twitter at: http://twitter.com/NJ_League