Transportation Capital Program
Fiscal Year 2015

Introduction

The Transportation Capital Program for FY 2015 describes the planned capital expenditures and revenue sources supporting those investments for the fiscal year starting July 1, 2014. It represents the annual element of the New Jersey Department of Transportation’s and NJ Transit’s ten-year Statewide Transportation Improvement Program (STIP).

Focusing on the department’s Core Mission—safety, infrastructure preservation, and mobility—this Capital Program provides travel options to the public by funding projects and programs that rebuild the State’s bridges and roads, provide mass transit services, and reduce congestion by deploying Intelligent Transportation Systems (ITS) technology. Safety features, designed and built into each project and program, are funded more specifically at over $111 million.

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

State Funds

• $1.1295 billion for NJDOT
  • $754.5 million TTF
  • $375 million PANY&NJ
• $470.5 million for NJ TRANSIT

Federal Funds

Federal revenues for FY 2015 are projected at $1.471 billion. NJDOT’s share of the federal funding is $775.6 million, while NJ Transit’s allotment is $695.0 million.

1. Reflects projects not under NJDOT lead, but are included because federal financing may assist PANY&NJ’s 278 Goethals Bridge $340M and Rt 440 Bayonne Bridge $230 M projects and federal funding associated with PANY&NJ's NACI $45M project.
   
2. Reflects projects with NJDOT lead for NJDOT facilities that are receiving a significant level of funding from the Port Authority of New York and New Jersey.

Local System Support

NJDOT

• The NJDOT program provides $778.0 million for state and local bridges. Bridge investments range from funding for high-cost bridges to implementation of a variety of rehabilitation programs and local bridge rehabilitations. Additionally, bi-state authority bridge investments total $570 million.
  
• The NJDOT program provides $301.2 million dedicated to road assets, including pavement rehabilitation, reconstruction and resurfacing, an increase of $60.2 million, or 20%, over the $241 million FY 2014 Adjusted Appropriation.
  
• The NJDOT program provides $97.5 million for safety programs. Key programs funded include the Safe Corridors Program, median crossover protection, pedestrian safety initiatives, rail-highway grade crossings, Safe Routes to School Program, and increased funding for high-risk rural roads.
  
• The NJDOT program provides $152.6 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 $25.8 million for multimodal investments that support maritime, freight, and rail initiatives as well as bicycle and pedestrian improvements.

NJ Transit

• 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.