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If the Transportation
Trust Fund fails to generate capital, the Local Aid Program
will not distribute any funding, and local governments will
be forced to either abandon projects or pay for infrastructure
improvements by other means, including cuts in services
or increased property taxes.
Those words and
that warning from the landmark report of the high-level,
non-partisan State Blue Ribbon Commission two years ago,
should sound a call to action for every mayor, local official
and concerned citizen. We must mobilize and work together
to convince the Governor and Legislature to reauthorize
the trust fund, and to revitalize it with new revenues.
Without renewal
of the Transportation Trust Fund, county and municipal governments
will have to rely on local property taxes to undertake,
Local Aid Projects or abandon them altogether. These projects
are estimated to cost $3.7 billion over ten years as identified
in Putting the Trust Back in the New Jersey Transportation
Trust Fund, 2005.
Today's report
is being released by a broad-based, politically independent
coalition. It underscores how much worse the Trust Fund
crisis has become in the two years since the Blue Ribbon
report and the urgent need for reform. The report concludes
that unless substantial reforms are enacted and new revenue
raised by June 30, 2006, successful programs such as those
funded with Local Aid money are in jeopardy.
We must mobilize
and work together to convince the Governor and Legislature
to reauthorize the trust fund with needed reforms, and to
revitalize it with new revenues.
For more information,
please contact William G. Dressel, Jr. at (609) 695-3481,
ext. 22 or on his cell phone at (609) 915-9072.
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