NJ Transit proposes 15% fare adjustment in July to fill budget gap
It may soon cost more to travel with New Jersey Transit.
The agency is proposing a 15% “fare adjustment” that would go into effect on July 1 if approved.
“NJ TRANSIT has held the line on fares since 2015. But despite identifying savings and revenue enhancements, the agency still faces a budget gap for FY25,” NJ Transit posted on Twitter.
Transit officials say the proposed adjustment “would allow for a fully funded budget that avoids reducing service levels.”
Ten public hearings will be held throughout the state from March 4 - March 8 to allow the public to learn more and comment on the issue.