TRENTON, NJ – New Jersey’s transportation history is marked by a series of toll adjustments aimed at supporting its vast network of roads and bridges. Starting March 1, drivers will see a 3% toll increase on the New Jersey Turnpike and Garden State Parkway. This decision, made by the state Turnpike Authority, aligns with a 2020 plan permitting annual toll hikes to fund transportation infrastructure.
Historically, New Jersey’s toll revenues have been pivotal in maintaining and improving its transportation systems. The funds from these tolls are designated for the upkeep of the state’s highways and support for the mass transit system. This specific increase is part of a $2.6 billion budget for 2024, reflecting the state’s commitment to safe and efficient transportation.
However, the decision has met with opposition, particularly regarding the financial burden on residents and the proposed $10 billion Turnpike extension near the Holland Tunnel. Lawmakers and advocacy groups have raised concerns about the hike’s impact on the cost of living and its necessity in light of other potential budget allocations.
Governor Phil Murphy’s anticipated approval of this budget marks a change from his previous stance, where he vetoed a similar plan. This shift underscores the ongoing debate on balancing infrastructure needs with fiscal responsibility in New Jersey.