Turnpike Cuts 43 Positions, but Won't Be Raising Tolls ; Approves Budget to Spend 2% More

Summary


The New Jersey Turnpike Authority approved a $465 million operating budget Monday that pays more for state police protection and accounts for job cuts, but calls for no toll hikes.

The 2007 budget increases spending by 2 percent over last year. The authority anticipates receiving more than $800 million in toll revenue. After operating expenses, the balance of the revenue pays debt and goes toward special projects and maintenance.

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Extract


Turnpike Cuts 43 Positions, but Won't Be Raising Tolls ; Approves Budget to Spend 2% More

Joe Orlando, an authority spokesman, said the budget refl...

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