TRENTON, N.J. (CBSNewYork/AP) — New Jersey’s top transportation official says the fund that pays for roads and bridges will be broke after the next fiscal year.

Transportation Commissioner Jamie Fox said Thursday at a Senate Budget Committee hearing that New Jersey’s transportation trust fund has enough money for fiscal year 2016, but will run out beyond that.

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Fox, New Jersey Transit Executive Director Veronique Hakim and Motor Vehicle Commission Administrator Raymond Martinez are testifying Thursday on Gov. Chris Christie’s 2016 budget proposal.

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The hearing comes after Treasurer Andrew Sidamon-Eristoff testified this week and said the trust fund will use a combination of bonds, loan repayments and cash infusion from the Port Authority of New York and New Jersey to keep the $1.6 billion capital program solvent through June 2016.

The dwindling balance in the trust fund has prompted Assembly Transportation Committee Chairman John Wisniewski to call for a 25-cent-per-gallon increase to the state’s gas tax.

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