New Jersey’s fiscal year ended last week without any resolution over how to replenish the state’s Transportation Trust Fund, a publicly funded pool of money that pays for repairs to roads, bridges and transit.
While legislators and Gov. Chris Christie battle over how much “tax fairness” is required to offset a proposed hike in the state’s gas tax, the TTF will limp into August with barely $85 million. Hence Executive Order 210, issued by Christie last week and put into effect on Wednesday.
