Port Authority of NY & NJ Board of Commissioners approves $9.3 billion 2024 Budget investing in world-class Airports, Bus Terminal transformation, Path upgrades
Source: Port Authority of of New York and New Jersey Approved Capital Budget Includes Substantial Funding to Advance Major Projects, Including JFK Airport Redevelopment, Replacement Projects for AirTrain Newark and Midtown Bus Terminal Agency Continues Record Security Funding to Stay Ahead of Evolving Threat Landscape, Including Cybersecurity Approved Budget Includes Automatic Inflation-Based Adjustments to Bridge and Tunnel Tolls, AirTrain Fares Following a month-long public comment period, the Port Authority of New York and New Jersey Board of Commissioners today approved the agency’s $9.3 billion 2024 budget, which consists of $3.9 billion in operating expenses, $3.6 billion in capital expenses, and $1.8 billion for debt service and deferred expenses. The approved budget reinvigorates the agency’s commitment to modern, secure facilities as [...]