NJ Transit Set for Record Budget Raid That Murphy Criticized
- Transfer comes as commuters plagued by delays, cramped trains
- Billions have been shifted from capital to operating budget
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New Jersey Transit is set to approve the biggest raid on its capital budget in history to fund day-to-day operations even after Governor Phil Murphy said the practice causes long-term damage.
The $2.3 billion operating budget shifts $511 million, or $50 million more than last year, from an account intended to pay for buses, rail cars and major improvements. That’s the highest transfer since such moves began in 1990.