The agency's board of directors Wednesday approved a $1.8 billion operating budget for the next fiscal year that also avoids major service cuts.
Executive Director Richard Sarles says NJ Transit has been able to absorb a reduction in aid from the state through planned furloughs, wage freezes and labor contract savings.
NJ Transit also approved a $1.4 billion capital program for the year that dedicates nearly $200 million to the construction of a second rail tunnel into New York City.
Other projects include replacing aging trains and buses and making improvements at Metropark, Newark Penn Station and Ridgewood, Somerville and South Amboy stations.
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The Giants and Jets football teams will have a new home next season. Check out these photographs of taken over the new stadium in the Meadowlands in East Rutherford, NJ by Tom Kaminski in Chopper 880 on Monday, November 23, 2009.