The New Jersey Transportation Trust Fund Authority, created by Legislation, is an independent agency of
state government whose sole purpose is to finance the annual capital program of the
New Jersey Department of Transportation and
The Authority consists of the Commissioner of Transportation and the State Treasurer as ex-officio members
and five public members appointed by the Governor.
The Authority does not have any employees. However, staff employed by the Department of Transportation, Department of the Treasury, and Department
and Law and Public Safety provide technical assistance to the Authority on an as-needed basis. Authority
meetings are scheduled as they are needed and are open to the public.
In order to sell bonds, the Authority relies primarily on external services from business partners such as
financial advisors, underwriters, trustees, and