NJ Home   Services A to Z   Departments/Agencies FAQs
Great Seal of the State of New Jersey    
Site Index  |  Search: NJ Home   NJDOT
Great Seal of the State of New Jersey

news release

P.O. Box 600
Trenton, NJ

Contact: Rick Remington
609-530-4280

RELEASE: March 17, 2003


Lettiere urges Senate actionon toll road consolidation


 

Bipartisan legislation that would merge the New Jersey Turnpike and Garden State Parkway will produce longterm savings, better capital planning and more efficient operation, Transportation Commissioner Jack Lettiere testified today before the Senate Transportation Committee.

Sponsored by Senators Andrew Ciesla (R-Ocean) and Nicholas Sacco (D-Hudson), the legislation was proposed by Gov. James E. McGreevey. The legislation would enable the Turnpike to assume the operations, facilities and financial obligations of the New Jersey Highway Authority, which operates the Garden State Parkway.

Lettiere said toll road consolidation would yield $4 million in operating savings this year and $10 million a year by 2008. The debt of the two authorities would be restructured to reduce debt service and free up millions of dollars for needed infrastructure improvements, he said.

“By melding two of the state’s most vital arteries – we can better fulfill the infrastructure needs of these two agencies,” Lettiere said. “The result will be two roads with uniform purpose, uniform principles and uniform policy – poised to deliver the safe and efficient transportation network New Jersey residents deserve.”

Consolidation also will place EZ Pass on more secure financial footing and enable faster implementation of the Express EZ Pass lanes, he said.

 
Go to NJDOT home page Contact Us | Privacy Notice | Legal Statement | Accessibility Statement  Go to State of New Jersey home page
  department: home | about | NJ commuter | in the works | business | engineering | freight, air & water | capital | community | data | links | index
  statewide: NJ Home | about NJ | business | government | state services A to Z | departments

  Copyright © State of New Jersey, 2002-2015
  Department of Transportation
  P.O. Box 600
  Trenton, NJ 08625-0600
OPRA - open public records act

  Last Updated:  May 2, 2007