Capital-to-operating transfers increased this year compared with last year, with the dollar figure ticking up to $362 million as hopes of a dedicated funding stream for the agency languish.ĭespite that, Corbett and his administration have continued to increase the agency's budget and spending on capital projects. So far this fiscal year, passenger revenue is $28.3 million below what was budgeted. Meanwhile, federal aid is staving off a potential fiscal cliff for NJ Transit as it continues to be the main infusion of cash to fill budget gaps. 'This is so bizarre': Why this NJ political murder-for-hire scandal may just be startingĬorbett's goal is to return ridership to 75% of pre-COVID levels this year, telling The Record earlier this month that he hopes the omicron variant is "the last gasp of COVID."Ī survey NJ Transit conducted shortly before omicron in October and November last year showed that more people were returning to transit for work across all modes, with the greatest increase in the New York markets, and the number of former transit riders using cars going down across the board. Not a waste: Why NJ's testing of sewage is key to identifying future waves of COVID After that, it inched up to an average high of 70% return to ridership before the omicron variant took hold of the region in late December.
The number of people taking NJ Transit plummeted initially to levels 90% lower than those before the coronavirus arrived. Transit ridership has faced unpredictable, undulating levels since the pandemic began.
The announcements are huge wins for New Jersey's transit riders, but not the agency's coffers. "Not only are we keeping your bus ride affordable, and keeping it on time and dependable, but we’re also making it more productive," Murphy said. Murphy also announced Monday that free Wi-Fi would be installed on all NJ Transit buses.
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