Say goodbye to cheap NJ gas; Prices set to increase overnight

gas-increase-in-njYou may want to fill up your car with gas today. As earlier reported, the 23 cent per gallon increase in the New Jersey gas tax will go into effect on Tuesday, November 1st. For the past 28 years, New Jersey has had the second lowest gas tax in the nation.

Statement from the AAA:

“The increase will provide a much needed investment in our transportation infrastructure, making our roads and bridges safer, and improving commutes across the state. But it’s up to motorists to make sure that the investment remains with our roads and bridges by voting ‘Yes’ on Public Question Number 2 on November 8th election ballot.

A ‘Yes vote’ on Question 2 will constitutionally dedicate 100 percent of the gas tax to roads and bridges, a ‘No vote’ allows Trenton discretion to use the gas tax revenue to ‘plug holes’ in the budget, leaving our road maintenance and repair in jeopardy.

Over the last year there has been much debate about funding the Transportation Trust Fund (TTF). Throughout the debate, AAA has had one guiding principle – gas tax revenues that are generated must be dedicated to the Transportation Trust Fund. The money generated from motorists should benefit motorists. Voting ‘Yes on Public Question 2’ will ensure revenues are constitutionally dedicated today and in the future.

Motorists agree with AAA’s assertion that the funds be dedicated without diversion, which is why motorists also overwhelmingly support a constitutional amendment to dedicate the gas tax to the Transportation Trust Fund.

In AAA’s biannual motorist survey, respondents were asked if they would support an amendment that would fully dedicate all gas tax revenues to the TTF, 73 percent supported such a step.

“It’s clear that the public no longer has any confidence that tax dollars are getting to their intended purposes. That’s why we see such strong support for a constitutional dedication for the gas tax,” Tracy Noble, spokesperson for AAA Mid-Atlantic said. “Restoring that confidence is why voting Yes on Public Question 2 is so important.”

Given that New Jersey is ranked eighth in the nation for having the worst bridges and road conditions which cost the average motorist more than $2,600 per year in operating costs including accidents and traffic delays, this dedicated funding source would provide safety and a much-needed economic boost for New Jerseyans.

Investing in the state’s transportation infrastructure has never been more important. Motorists have shown time and again the impact crumbling roadways and heavy traffic congestion has had on their lives. More than 70 percent ranked New Jersey roadways as “poor” or “fair” according to the AAA motorists’ survey. These rankings have continued to climb every year citing commuters’ dissatisfaction New Jersey roadways.

Improved infrastructure means less congestion and traffic for New Jersey commuters and improved efficiency for businesses.

Voting ‘Yes’ on Question 2 also will garner revenue from the out-of-staters who use New Jersey’s roads.”

[TLS]

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3 COMMENTS

  1. Bill Spadea is pushing for a no vote because the state will borrow billions against a dedicated fund while the borrowed money can be used for anything so by having a dedicated fund you are giving a free pass for state borrowing with no way to pay it back! However if you vote No there will be no dedicated fund so the state will not be able to borrow money and will have to go through the usual routes to get money-cut spending etc…. and he thinks they will have to rethink the whole gas tax. problem is so we vote no the state won’t be able to borrow against the gas tax =great, but they probably will figure out some other way how to borrow money and now by voting No we got a raised gas tax that ends up in general funds!

  2. Vote NO!! on one and two they are both money grabs by the Trenton Politicians to take our money and give it to their friends.

    Remember this next November when they are up for re elections.

    Enough is Enough!!

Comments are closed.