Permanent fix needed for Transportation Trust Fund

July 4, 2016

by Martin Robins

Former Gov. Thomas H. Kean understood that stable and sufficient investment in transportation infrastructure is one of the best ways for government to spur economic growth, raise housing values and improve the quality of life of all citizens. The Transportation Trust Fund that he proposed was one of his proudest accomplishments.

I worked with the 2002 blue-ribbon commission that recommended a 15-cent gas tax increase, only to see the plan abandoned for political reasons. We have since slid into a 14-year quagmire of borrowing that has consumed the fund’s capital generating capacity to pay for ever increasing debt service. Under Gov. Chris Christie, this situation has quietly metastasized, so that trust fund debt service would now eat into the general fund by almost $350 million per year. The plan before the Legislature now is the closest we have come to a permanent solution in the 14 years since and relieves the general fund of the trust fund’s growing debt-service albatross.

Guest Columnist/Opinion, Asbury Park Press, July 4

Recent Posts

Heldrich Report: NJ’s Energy-Efficiency Workforce Needs

New Jersey's Energy-Efficiency Workforce Needs, Infrastructure, and Equity Assessment New Jersey Governor Phil Murphy’s Energy Master Plan and Executive Order 315 set a goal to reduce fossil fuel usage to 100% clean energy by 2035. The Executive Order also called for...

Shaul Picker Receives 2024 Mortensen-Voorhees Award

Shaul Picker is the 2024 recipient of the Mortensen-Voorhees Award for Achievement in Transportation Studies. This award is granted annually to the highest-achieving student with a concentration in transportation at the Edward J. Bloustein School of Urban Planning and...

NJSPL – Key Insights from Early Offshore Wind Implementation

By Jessica Parineet Offshore wind development is in its early stages in the United States, with just under one gigawatt (GW) of utility scale capacity constructed. State decarbonization goals have catalyzed industry progress thus far, however the Biden administration...

EJB Talks: Political Update with Stuart Shapiro and Amy Cobb

Analyzing Trump's Guilty Verdict and the 2024 Election Outlook Stuart Shapiro welcomes back Amy Cobb MPAP '18 for a political update in the final EJB Talks episode of the spring 2024 season. They discuss the potential consequences of Trump's guilty verdict for...

Racial composition of road users, traffic citations, and police stops

Significance This study pioneers in mapping the racial composition of roads. Our findings highlight a disproportionate rate of citations for moving violations among Black drivers through both speed camera enforcement but more so via police stops, challenging the...

Upcoming Events