Port Authority Of NY, NJ To Cut 200 Jobs In 2011
NEW YORK (AP) -- The Port Authority of New York and New Jersey's 2011 preliminary budget calls for 200 job cuts and investing $3.9 billion on capital projects including the World Trade Center.
The authority's Board of Commissioners will vote on the $7.2 billion budget on Dec. 7.
The budget's cost-cutting measures include reducing external consultants and eliminating free E-ZPasses for Port Authority commissioners, retirees and non-unionized employees hired after
9/11.
The Port Authority operates three major airports, the PATH commuter rail line, marine terminals and ports, six tunnels and bridges between New York and New Jersey, the Port Authority bus terminal and the trade center site.
The preliminary budget calls for no increases in tolls or fares.
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