March 25, 201
MUNICIPALITIES WELCOME CONTINUED STATE COMMITMENT
TO LOCAL TRANSPORTATION PROJECTS
The League of Municipalities today welcomed news that municipalities will again share $78.75 million for local road repair, maintenance and safety projects. The funding represents the Municipal Aid portion of the Transportation Trust Fund and is annually awarded pursuant to an application process. Factoring in both state and federal dollars, this means that total funding municipalities and counties will receive exceeds $400 million for fiscal year 2012.
“The Governor can be certain that local officials will put this dedicated funding to good use,” said League of Municipalities Executive Director Bill Dressel. “This, like any, property tax relief funding delivered by the State helps relieve the burden of excessive and regressive property taxes. It also will help to revive our State’s economy and to halt the decay of our vital transportation infrastructure.
“We commend the Governor, the Transportation Commissioner and the Legislature for all that they are doing to jump-start the economy. They can count on our support on this and on all efforts to take the pressure off of our property taxpayers.”
* * * * *
For further information contact: William G. Dressel, Jr., Executive Director at (609)695-3481, extension 122 or 609-915-9072.