T111 | Bus Acquisition Program (Various)
The Buses and Bus Facilities Section 5339 program provides funds for replacement of transit, commuter, access link, and suburban buses for NJ TRANSIT as they reach the end of their useful life as well as the purchase of additional buses to meet service demands. Pay-as-you-go funding is provided for over 2,300 buses replacements including but not limited to cruiser buses, NABI buses, and articulated buses.
Toll Credit will be used as the non-federal match. An explanation of toll credit can be found in the Introduction Section of the STIP.
Limits: Bus Acquisition Program
Air Quality Code: M10
| Phase | Fund | FY24 | FY25 | FY26 | FY27 | LFY28-33 |
|---|---|---|---|---|---|---|
| Capital Acquisition | SECT 5339 | $4.457 | $4.549 | $4.644 | $4.785 | $31.901 |
| Capital Acquisition | STATE | $36.110 | $36.110 | $36.110 | $36.110 | $230.855 |
| Program Year Totals: | $40.567 | $40.659 | $40.754 | $40.895 | ||
| Total FY24-FY27 Cost: | $162.875 | Total FY24-FY33 Cost: | $425.631 | |||
| All costs in millions. | ||||||