Keeping the Trust in the Fund
Last Friday, the New Jersey Alliance for Action brought 200 people to the National Conference Inn, Ramada Inn, in Hightstown. The building contractors, labor representatives, environmentalists, government officials and legislators gathered to address an issue that could affect the quality of life
The objective was to develop a stable source of funding for the state's transportation projects, mainly renewal of the Transportation Trust Fund, whose coffers will be exhausted by June. Three issues topped the agenda:
* The state needs funds, urgently. Not only to renew the Trust Fund or risk losing $670 million in federal funds for 2001, but as a dedicated long-term source of funding with which successive governments cannot interfere. The Department of Transportation (DOT), says its projects need $30 billion in the next 10 years. These include repair of bridges and roads, expansion of roadways and highways and several mass transportation projects.
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