Introduction
The Transportation Capital Program for FY 2014 describes the planned capital expenditures and revenue sources supporting those investments for
the fiscal year starting July 1, 2013. It represents the annual element of the New Jersey Department of Transportation’s and NJ Transit’s
ten-year Statewide Transportation Improvement Program (STIP). A companion document, the Statewide Capital Investment Strategy, Fiscal Years
2014-2023, outlines transportation investment categories and recommended annual investment levels based on revenue assumptions.
This capital program reflects the need to prioritize spending in a difficult economic environment while carefully evaluating transportation
needs and targeting limited resources toward safety, fix-it-first and state-of-good-repair initiatives.
Overview
The FY 2014 Transportation Capital Program is supported primarily by the state Transportation Trust Fund (TTF) and federal resources. The
overall program presented in final form amounts to $3.98 billion.
State Support
State funded support is programmed at $1.6 billion. State funded support consists of the Transportation Trust Fund, as well as Port Authority
of New York and New Jersey sources.
- $1.1045 billion for NJDOT
- $728.5 million TTF
- $376 million PANY&NJ
- $495.5 million for NJ TRANSIT
Federal Support
Federal support for FY 2014 is projected at $1.581 billion. NJDOT’s share of the federal funding is $886 million, while NJ Transit’s
allotment is $695 million.
Other NJDOT includes PANY&NJ’s funding of Rt 7 Wittpenn Bridge, Rt 1&9 Pulaski Skyway, Rt 1&9 Local & Express Pavement and Rt 1&9T Extension $376 M, I-278 Goethals Bridge $350 M and Rt 440 Bayonne Bridge $230 M and NJ Turnpike’s funding of Tremley Point $111 M projects.
Local System Support
The plan includes $165 million State Aid Program for municipalities and counties as well as the $25 million Local Bridge Initiatives Program.
Overall, federal and state funded local system support totals $482 million.
Highlights
NJDOT’s $2.754 billion capital program addresses New Jersey’s transportation needs in the following ways:
- The NJDOT program provides funding for state and local bridge needs of $744 million. Bridge investments range from funding for
high-cost bridges to implementation of a variety of rehabilitation programs and local bridge rehabilitations.
- The NJDOT program also provides $209 million dedicated to pavement rehabilitation, reconstruction and resurfacing.
- The NJDOT program provides $99 million for safety programs. Key programs funded under NJDOT’s Safety First Initiative include the Safe
Corridors (implementing improvements identified by Safety Impact Teams in high-hazard corridors), the Safe Routes to School Program, and
pedestrian safety initiatives.
- The NJDOT program provides $289 million in funds to address highway congestion through infrastructure improvements as well as efforts to
better manage traffic and respond to incidents.
- The NJDOT program provides $133 million for multimodal investments that support maritime, freight, and rail initiatives as well
as bicycle and pedestrian improvements.
NJ Transit’s $1.228 billion capital program addresses New Jersey’s mass transit needs in the following ways:
- The program budget allots over $1 billion to address NJ Transit’s state-of-good-repair needs, debt service obligations, preventive
maintenance and local programs. The program continues to provide funding to support the replacement of almost 1400 transit-style buses
in NJ Transit’s fleet as well as providing funding for ongoing track replacement, bridge and tunnel inspections and improvements,
security improvements, signal system upgrades, overhead power line and electric substation upgrades and other rail station and bus
terminal improvements throughout New Jersey.
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