The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Trenton NJ, after a thorough review of fuel consumption statistics and consultation with the Legislative Budget and Finance Officer, the Department of the Treasury announced today that New Jersey’s gas tax rate will increase by 0.9 cents per gallon beginning October 1 to comport with the 2016 law that requires a steady stream of revenue to support the State’s Transportation Trust Fund (TTF) program.
the staff of the Ridgewood blog
Trenton NJ, After a thorough review of fuel consumption statistics and consultation with the Legislative Budget and Finance Officer, the Department of the Treasury announced on Friday that lower fuel consumption trends, which have been exacerbated by the COVID-19 pandemic, will necessitate a gas tax increase of 9.3 cents per gallon in order to ensure compliance with the 2016 law that requires a steady stream of revenue to support the state’s Transportation Trust Fund (TTF) program.
In 2019 the Reason Foundation confirmed what New Jersey drivers may have had a hunch,the state has some of the worst road conditions in America ranking dead last in a new report on the country’s highway system.According to the annual highway report, released by the Reason Foundation, New Jersey has the worst urban traffic congestion in the U.S.
