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No Surprise Port Authority Audit finds toll, fare hikes necessary to fund projects
Audit: Port Authority toll, fare hikes necessary to fund projects
One year after controversial toll and fare hikes went into effect, and with more on the way, the Port Authority released an audit that concluded that the increases were necessary to fix the agency’s aging facilities.
The report, commissioned by the governors of New Jersey and New York, also lauded what it called recent improvements in management, cost controls and transparency, echoing past comments by the appointees both governors have chosen to run the authority. In many ways, the report sought to portray a once-dysfunctional agency turning the corner, while acknowledging substantial financial challenges in the future. (Boburg, The Record)
http://www.northjersey.com/
With infrastructure like ours, who needs terrorists? And since you can’t spend a dollar on a new project without $0.75 going anywhere but into that project, no game changing improvements (ARC) will ever get approved, and we’ll die by a thousand cuts for the foreseeable future.