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NJDOT/NJ TRANSIT
Capital Program



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

NJDOT/NJ TRANSIT
Capital Program


The New Jersey Department of Transportation (NJDOT) and NJ TRANSIT prepare a Transportation Capital Program annually which lists all projects that can be funded from the Special Transportation Fund (more commonly known as the Transportation Trust Fund). This project list is submitted each year on March 1 to the Legislature for review and approval. The Legislature makes any necessary changes and provides its final decisions in the Appropriation Act which takes effect July 1 each year.

From FY 2012 through FY 2016, the State's Capital Program was to be supplemented with an amount not to exceed $1.8 billion from the Port Authority of New York and New Jersey (PANYNJ), primarily to reconstruct the Pulaski Skyway and Wittpenn Bridge facilities that feed traffic into the Holland Tunnel. The PANYNJ funding, outlined in a formal agreement between NJDOT and the PANYNJ, was provided to NJDOT on a reimbursement basis. Together, the TTF and PANYNJ supported the New Jersey Transportation Capital Plan authorizing a total of $1.6 billion in new projects each year, and that level of spending was also authorized in the FY 2017 Appropriations Act. A supplemental appropriation later authorized an FY 2017 TTF program of $2 billion. The respective TTF and PANYNJ portions of the program are outlined below:

Fiscal Year TTF PANYNJ Total
2012 $1,247 million $343 million $1,590 million
2013 $1,247 million $353 million $1,600 million
2014 $1,224 million $376 million $1,600 million
2015 $1,225 million $375 million $1,600 million
2016 $1,247 million $353 million $1,600 million
Five-Year Total $6,190 million $1,800 million $7,990 million

The October 14, 2016 revisions to the TTFA Act provided for $12 billion in total bonding authorization to finance transportation projects from FY 2017 through FY 2024.   In addition, the TTFA issued $3.2 billion of Indirect GARVEE Notes (see GARVEE section of this website) on October 26, 2016. Those resources are expected to pay for project expenses for FY 2017 through FY 2018.

Capital resources from the TTF that are made available in the Special Transportation Fund are allocated to various NJDOT, NJ Transit, and Local Aid projects.

Capital Program History

A review of the NJDOT/NJ TRANSIT Capital Program Appropriation History shows how funds have been distributed between NJDOT, NJ TRANSIT, and Local Aid since 1985 and reveals that the annual program has increased from only $249 million at the inception of the Trust Fund to $1.6 billion currently.

NJDOT and NJ TRANSIT must also prepare a State Transportation Improvement Program (STIP) each year for approval by the three Federal Metropolitan Planning Organizations (MPOs) that cover the State of New Jersey. The STIP provides a list of all federal and state funded projects planned for the next three FYs within expected Federal and State resource levels.

The MPOs must specifically approve projects programmed for Federal funds in order for the projects to be authorized for advancement by the Federal Highway Administration.

The TTF’s annual spending authorization (e.g., $1.6 billion in FY 2016) that supports NJDOT, NJ TRANSIT, and Local Aid projects is separate and distinct from the Legislature's appropriation of transportation revenues (e.g., motor fuels tax, good driver surcharges, etc.) to the Transportation Trust Fund Authority. The annual spending authorization   enables NJDOT and NJ TRANSIT to issue contracts and purchase orders for projects. The revenue appropriation to the Authority is the funding source for debt service payments and pay-as-you-go appropriations.

As invoices are submitted, the Authority pays project vendors from its appropriations and bond proceeds.  Since most major projects take several years to complete, the Authority must translate the contract values reflected in the capital project lists to actual cash flow payments to the vendors.


NJDOT/NJ TRANSIT Capital Program
Appropriation History

FY 
Highways
NJT
Local Aid
Total
1985
166.0
29.0
54.0
249.0
1986
209.5
50.0
64.0
323.5
1987
256.0
121.0
54.0
431.0
1988
191.0
60.0
72.0
323.0
1989
221.9
71.5
71.6
365.0
1990
182.4
89.0
93.6
365.0
1991
346.1
119.8
99.1
565.0
1992
276.0
223.0
94.3
593.3
1993
249.5
187.5
100.0
537.0
1994
268.5
196.5
100.0
565.0
1995
265.0
200.0
100.0
565.0
1996
312.0
258.0
130.0
700.0
1997
310.5
259.5
130.0
700.0
1998
476.1
283.0
140.9
900.0
1999
279.8
288.0
132.2
700.0
2000
375.1
360.0
164.9
900.0
2001
360.0
390.0
150.0
900.0
2002
385.0
572.5
150.0
1,107.5
2003
430.0
528.0
150.0
1,108.0
2004
460.0
618.2
150.0
1,228.2
2005
541.0
519.0
145.0
1,205.0
2006
526.0
534.0
145.0
1,205.0
2007
750.0
675.0
175.0
1,600.0
2008
800.0 625.0 175.0 1,600.0
2009
770.0 625.0 205.0 1,600.0
2010
655.0
692.0
253.0
1,600.0
2011
800.0
600.0
200.0
1,600.0
2012
435.0 622.0 190.0 1,247.0
2013
467.4
589.5
190.1
1,247.0
2014
444.4
495.5
284.1
1,224.0
2015
469.9
470.5
284.6
1,225.0
2016
469.9
503.5
273.6
1,247.0
2017 *
900.0
670.0
430.0
2,000.0
Total
14,049.0
12,525.5
5,151.0
31,725.5

*From FY2012 through 2016, NJDOT’s capital plan also included $1.8 billion in resources from the Port Authority of New York and New Jersey for the Lincoln Tunnel Access Projects (i.e., Pulaski Skyway.)


 

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