NJ deserves its fair share of NYMTA future congestion tolling revenue

Dear Editor:

The New York Metropolitan Transportation Authority will be scheduling public hearings in New Jersey concerning the introduction of Congestion Pricing for those diving south of 60th Street in Manhattan virtually on Friday, September 24th from 10:00AM to 12 Noon. A second hearing will be held on Monday, October 4th from 6 – 8PM. To testify, you need to visit the Central Business District Tolling Program web portal at new.mta.info/project/CBDTP or call (646) 252-6777.

Tolling is to begin by January 2023. This is part of the MTA meeting federal requirements under the Federal Highway Administration National Environmental process known as NEPA. It will be an Environmental Assessment for introduction of Congestion Pricing.

If approved, NJ residents will be paying a portion of revenues generated by Congestion Price Tolling, The MTA estimates it will generate $1 billion annually. These revenues will be used to leverage another $2 billion annually via bonding. This is supposed to raise $15 billion that which will help pay for the MTA $51 billion 2020 – 2025 Five Year Capital Plan. Both NJ Transit and the Port Authority have similar multi year Capital Plans. New Jersey residents should consider asking for a fair share of revenues generated by these new tolls that they will be paying.

Some of these dollars could go toward the NJ share for the $12 billion Gateway Tunnel, $10 billion Port Authority 42nd Street Bus Terminal, NJ Transit and PATH capital programs or other transportation improvements that would benefit NJ residents After all, fair is fair.

Sincerely,

Larry Penner

(Larry Penner is a transportation advocate, historian and writer who previously worked for the Federal Transit Administration Region 2 New York Office)