Date: Aug 08, 2011
Press Release Number: 57-2011
“Today the Port Authority of New York and New Jersey proposed a toll and fare increase to fully fund new ten-year $34 billion capital plan. This toll increase is essential to help fund the region’s critical transportation projects”, said Denise Richardson, managing director of the General Contractors Association of New York.
“The GCA supports the Port Authority’s efforts to fund improvements to the region’s transportation network, however, the size of the toll increase points to the desperate need for a thoughtful and systematic plan for ongoing, sustainable federal and state support for all capital infrastructure and public works investment,” she said. “User fees such as tolls are appropriate, but our regional transportation network is critical to the national economy and warrants the financial support of all stakeholders.”
The Port Authority of New York and New Jersey
Steve Coleman or Ron Marsico, 212 435-7777