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New Jersey Governor Orders Audit of Mass Transit Tunnel

  MASS TRANSIT TUNNEL / ACCESS TO THE REGION'S CORE  
  MANHATTAN COMMUNITY DISTRICT 04  
October 7, 2009
Other

New Jersey Governor Jon Corzine ordered Comptroller Matthew Boxer to audit the financial statements of the $8.7 billion Mass Transit Tunnel project. The executive order was signed to ensure that funding for the project is kept transparent and that the project will meet budget limitations. Currently, the project is expected to receive $3 billion from the Port Authority of New York and New Jersey, $1.5 billion from the state of New Jersey, $1.25 billion from the New Jersey Turnpike Authority and $3 billion from the Federal Transit Administration.