DRJTBC - NEW HOPE-LAMBERTVILLE FREE BRIDGE TO OPEN EARLY THIS WEEKEND FOR ANNUAL SHAD FESTIVAL
January 30, 2006
COMMISSION APPROVES 2006 OPERATING BUDGETFOR IMMEDIATE RELEASE: Monday, January 30, 2006
MORRISVILLE, PA - The Delaware River Joint Toll Bridge Commission today unanimously approved its 2006 operating budget, which contains the necessary expenditures for the safe and efficient operation of the Commission's bridges and facilities.
The proposed operating budget is $42,217,587, 6.53 percent higher than the 2005 budget of $39,630,407. About half of that increase is in the line item expenditures for Regular Employee Salaries and Health Care Benefits, reflecting the steady increase in health care
costs and costs associated with retirees that are impacting the finances of many public agencies and private companies. The increase in that line item also reflects a three percent cost of living adjustment for rank and file Commission employees. Although the Commission has hired new personnel to help meet the growing staffing and administrative requirements of the Commission's capital improvement program, some savings were achieved in that line item through the consolidation of two executive level positions and the restructuring of a third position at a lower salary range.
The remaining budget increase can be attributed largely to inflation, increases in energy costs, and increased operating expenses needed to accommodate the ramping up of the capital improvement campaign.
About the Commission
The Delaware River Joint Toll Bridge Commission, formed by the commonwealth of Pennsylvania and state of New Jersey in 1934, operates seven toll and 13 toll-supported (free) bridges along the Delaware River from Trenton-Morrisville to the New York border. For more information about the Commission and its various initiatives to deliver safer and more convenient bridge travel for its car- and truck-driving customers, please see: www.drjtbc.org.
60 YEARS AGO TOMORROW, WORST DELAWARE RIVER FLOOD IN HISTORY DESTROYED FOUR COMMISSION BRIDGES