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Audit To Examine Decade Of Port Authority Spending

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The World Trade Center site - New York, NY - Sep 11, 2011 (credit: Robert Deutsch-Pool/Getty Images)

The World Trade Center site – New York, NY – Sep 11, 2011 (credit: Robert Deutsch-Pool/Getty Images)

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FORT LEE, NJ (AP/WCBS 880) - Officials say an audit will take a closer look at Port Authority employee compensation and why costs are rising to rebuild the World Trade Center.

WCBS 880’s Paul Murnane On The Story

New Jersey Gov. Chris Christie and New York Gov. Andrew Cuomo ordered the examination as a condition of toll increases they approved last month. It is due to be completed within 90 days.

The agency’s commissioners on Thursday said the audit will look to limit money-losing projects and find new revenue sources.

Port Authority chairman David Samson told The Record newspaper the agency has decreased revenues and higher operating expenses.

Christie has criticized spending on the World Trade Center project, saying it has been mismanaged. The cost is projected to be more than $11 billion.

Some speculate that could cost Port Authority executive director Chris Ward his job. Samson said he can’t comment on Ward’s future, but Ward has said he welcomes the audit.

Vehicles approach the George Washington Bridge toll plaza - Fort Lee, NJ - Sep 23, 2011 (credit: Paul Murnane / WCBS 880)

Vehicles approach the George Washington Bridge toll plaza - Fort Lee, NJ - Sep 23, 2011 (credit: Paul Murnane / WCBS 880)

On Sunday September 18, tolls on the six Port Authority bridges and tunnels went up, as did fares on the PATH rail system.

It now costs $12 for cash customers to cross those bridges and tunnels. E-ZPass customers get a discount.

A New Jersey man has filed a lawsuit against the Port Authority over those hikes, claiming they are discriminating against him because he is poor.

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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