What's New
On January 8th, in his State of the State Address, Governor Corzine outlined his plan to leverage future income and tolls from the state's toll roads, and use that money to pay off the state's debt.
The Governor's plan contained several significant promises in keeping with NJPIRG's Public Interest Pledge for Toll Road Monetization. In particular, he definitively rejected selling or leasing the roads to a private company.
However, as the details of the plan become clear, we continue to question whether the plan will safeguard the public interest, and to evaluate the proposal against our basic monetization principles.
The
principles are:
• Public control of transportation policy
• Fair value for
the assets
• Reasonable duration of the deal
• State-of-the-art road
standards
• Complete transparency
• Accountability for the deal-making
process
• Fiscally responsible use of proceeds
New Jersey must not settle for less.



