Munoz wants prompt release of NJ Transit annual reports

New Jersey Transit should first change the way they operate and then give out raises to their top executives, Assemblywoman Nancy Muniz (R-Summit) said today.

“It’s not just the trains that run late,” said Munoz. “It’s preposterous to give out raises when even its financial reports and performance data are generally a year behind.”

Munoz is criticizing the beleaguered transit agency for not issuing their 2018 financial report until last month, saying the NJ Transit 2019 fiscal year ended four weeks ago.

She says timely and detailed financial reports would help officials make better decisions on how to fix an agency she says is broken.

“If (Gov. Phil) Murphy is going to get NJ Transit running like a business, first he has to change how the agency is managed,” Munoz said, referencing a recommendation from an audit released in October at the direction of the governor.

Munoz has sponsored a bill that would modify the timeline for annual report and provide penalties for not reporting.  Her proposal also requires on-time performance data for peak and non-peak rail service.

Last week, Munoz voiced her opposition to the raises that went to high-ranking executives, some with political ties to the Murphy campaign.