State Sen. Paul Sarlo on Monday celebrated restructuring of the state’s Transportation Trust Fund.
“When we renewed the TTF with dedicated funding to support the infrastructure work that is so important to New Jersey, we made sure that a large portion of state aid would go directly to local government,” Sarlo, who is also Mayor of Wood-Ridge, said. “Municipalities and counties need this support to repair, upgrade and maintain their roads and bridges. This funding also helps to offset property taxes.”
The restructuring in fiscal year 2018 roughly doubled the state aid provided to municipalities under TTF to $400 million. The state has since pumped close to $1 billion to local aid.
“There are more roads managed by local government than by the state so the ability to repair, rebuild and upgrade the infrastructure at the local level is important,” Sarlo, who is Senate Budget Committee chairman, said. “The sustained funding in the TTF plan allows local government to plan for infrastructure projects knowing that the support is there.”