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New Jersey Transportation Trust Fund Authority  

About TTFA

Business Partners
Financial Advisors
Bond Counsel
Printing Services
External Auditor

Frequently Asked

Financing Process
Flow of Funds
Appropriation Revenues
Audited Financial Statements

Future Financing
Next Bond Sale
Annual Financial Plan
Long-Term Financing Capacity


Capital Program

The Transportation Trust Fund provides funding for New Jersey's transportation system




Richard T. Hammer
Acting Chairman

Acting Commissioner, NJ Department of Transportation







Ford M. Scudder
Acting State Treasurer
State Treasurer (Ex-Officio)





Greg Lalevee

Public Member

Appointed 12/12/11 by Governor Chris Christie

Statutory Representative of Interest of Trade Unions

Greg Lalevee worked his way through the ranks of IUOE Local 825, beginning as a crane operator, working as a union organizer and Business Representative. Greg was elected Local’s Business Manager in 2010.

Under Greg’s leadership, Local 825 orchestrated several changes and transactions to strengthen the union’s financial footing, consolidate its membership, establish a new labor-management agreement, while taking every opportunity to relentlessly pursue job opportunities for his members in the face of a weak economy.

In May 2011, Greg was elected to the International Union’s General Executive Board.  Greg serves as a trustee of N.J. SEED, a Labor Management coalition that promotes economic development and was also recently appointed to the Board of Directors of Community Health Charities of N.J. Greg also sits on the State of N.J. Licensed crane operators advisory board.

Greg lives in Bridgewater with his wife Christine and daughters Morgan, Taylor and Carly.

Michael I. Hanley

Public Member
Appointed by Governor Chris Chritie on 6-27-14

Statutory Recommendation by Assembly Speaker


Mr. Hanley is a Principal at NW Financial Group, LLC and has served as financial advisor and lead banker on billions of dollars of transactions since 1999. He acts as lead advisor for an array of clients whose operations include affordable housing, solid waste, certificates of participation, water and sewer utilities, and redevelopment. Mr. Hanley's has worked with many of the State's most distressed credits and has participated in hundreds of millions of dollars in transactions with entities that have no rating or ratings just above or below investment grade.

Mr. Hanley has been an innovator in New Jersey's public finance community leading a number of unique transactions including the first competitive capital appreciation bond sale, the first competitive forward option bond sale, and the first competitive convertible capital appreciation bond sale in the State. Mr. Hanley is one of the nation’s leading bankers for forward option bond transactions.  Additionally, he provides consulting services to municipalities on many of the largest and most complex redevelopment projects in the State of New Jersey. 

Mr. Hanley resides in New Providence with his wife Ann Marie and children Charles and John.

Robert A. Briant, Jr.

Vice Chairman

Public Member

Reappointed by Governor Jon Corzine on 1-11-10

Statutory Representative of Interest of Firm Owners


Robert A. Briant, Jr. is the CEO of the Utility and Transportation Contractors Association (UTCA) that represents approximately 1,000 member firms active in all phases of heavy, transportation and utility construction throughout the State of New Jersey. Mr. Briant also held the positions of Associate Executive Director and Executive Director at the association prior to his current position. During his 24 years with UTCA, Mr. Briant was active in labor negotiations and mediation, construction claims resolution, permit acquisition, and various State and federal regulatory issues that affect the infrastructure industry.

Mr. Briant was appointed by former Governor Christine Whitman to the Vietnam Veterans Memorial Commission in August of 1994 to December 1997. He also has served on various committees and advisory boards related to the construction industry. Mr. Briant served as an elected Councilman in the Borough of Manasquan from 2000 to 2005 where he currently resides with his wife Deborah and children, Colin and Hannah. Mr. Briant received his B. A. degree in Political Science.


Nelson Ferreira

Public Member

Appointed by Governor Christopher Christie on 4/28/11

Statutory Representative of a Transportation Firm


Nelson Ferreira is the founder, President and Chief Executive Officer of Ferreira Construction Company, Inc., located in Branchburg, New Jersey. Very early in his career, Nelson realized what he wanted to accomplish in life – to become a successful construction contractor. He also realized that it would take a lot of perseverance, hard work and dedication.

Today, Ferreira Construction Company, Inc., “a company on the move”, is a multi-million dollar, multi-faceted construction company with bonding capacity in excess of $200 million, with over 700 pieces of construction equipment. Ferreira Construction Company employs approximately 300 full-time employees and has expanded its market to include Florida and New York. Nelson commits to providing his employees with training and certifications to keep his company ahead of the curve with technology and safety programs.

Board of Directors -
Gill St. Bernard’s School,
Gladstone, New Jersey

Board of Directors -
Catholic Charities,
Newark, New Jersey

Board of Directors -
The Regional Alliance for Small Contractors


Advisory Board Member - Morristown Hospital

General Contractors Association of NY

Transportation Trust Fund Authority
Officers and Staff

Executive Director

Gary Brune
Chief Financial Officer
New Jersey Department of Transportation


Anthony Longo
Manager, Public Finance
Department of Treasury


Samuel Braun
Division of Accounting and Auditing
New Jersey Department of Transportation


Linda Davino
Secretary Asst 1
New Jersey Department of Transportation


Asst Secretary

Mina Tsintzas

Administrative Assistant 2

New Jersey Department of Transportation

General Counsel
Office of Attorney General
Division of Law
Department of Law and Public Safety


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