TTF runs out of money in July yet no transportation plan from the administration & no funds allocated for transportation projects in governor’s budget
(TRENTON) – Assemblyman John Burzichelli (D-Cumberland/Gloucester/Salem) issued the following statement after hearing testimony from Department Of Transportation Commissioner Richard Hammer concerning the Transportation Trust Fund during Wednesday’s Assembly Budget Committee hearing:
“I have a hard time understanding the nonchalance with which the administration is treating the Transportation Trust Fund and the fact that it will be out of money in just a few months.
“The governor’s 5-year Transportation Trust Fund plan will expire on July 1, and there will be no funding available for the fund.
“The governor’s FY 2017 proposed budget does not include any funding for transportation projects. Instead it includes enough resources to pay for debt service on previously authorized bonds.
“In just three months, the fund will run out of money and yet no word from the governor about a plan to fund the transportation trust fund, or how he plans to fund transportation infrastructure projects moving forward.
“Given the shape of our roads and bridges, I hope the administration starts treating this with the urgency it deserves and that we hear something concrete from the governor’s office soon, instead of just assurances that everything will work out.”