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11%  
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  • Codey Wants to Privatize Toll Road

    06/09/2005 5:48:31 AM PDT · by Calpernia · 26 replies · 611+ views
    1010 WINS ^ | Jun 9, 2005 7:23 am US/Eastern
    Gov. Richard J. Codey is working on a plan to bolster the state's Transportation Trust Fund with a temporary increase in the gasoline tax and additional money generated by privatizing the New Jersey Turnpike or Garden State Parkway, according to a published report. The Record of Bergen County, citing an unnamed administration source, reported in Thursday's editions that the plan calls for a small gas tax increase to be pushed through shortly after the Nov. 8 election. The increase would be rescinded or phased out after the lease deal is signed and begins to generate cash. The Transportation Trust Fund...