The Port Authority of New York and New Jersey (PANYNJ) has proposed a $3.2 billion operating budget and a $3.4 billion capital budget for 2018.
PANYNJ says the proposed operating budget represents an increase of $61 million or 1.9 percent versus the 2017 budget, which is in line with the rate of inflation, while the capital budget aligns with the authority's 10-year plan adopted in February 2017.
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