How to save money on car repairs and maintenance in New Jersey
The state has a long history of spending money on vehicles, including car loans, but the state’s finances are in much better shape than most states, according to a recent report by the State Budget and Policy Center at Rutgers University.
“NJ has an excellent record of getting its finances in order.
It’s a long-term problem, but we’ve managed to make some progress in recent years,” said Chris Withers, the report’s author and a research fellow at the center.
The report, released this month, looked at the state as a whole.
It found that a small percentage of the state spends more than it earns.
More than a quarter of the revenue goes toward paying off debts and interest on the state budget, according the report.
That’s about $3.5 billion.
That amount is more than any other state.
The only other states in the top five spend more than they earn are Hawaii, New Mexico and Nevada, the study found.
New Jersey spends $3,890 per person, which is about a third of the national average.
The state is in the bottom half of states in per capita income.
State officials said they had spent about $60 billion on vehicle repair and maintenance.
The $20 billion the state generated last year is just a drop in the bucket, said Gov.
Chris Christie, a Republican.
New Jersey’s $20-per-person vehicle repair costs, according a 2016 state budget released by the governor’s office, were about $1.9 million for repairs and $3 million for maintenance.
Most of the repairs are done by private companies.
The largest number of repairs is done by NJDOT, which provides about 50 percent of all state-funded vehicle repair.
Other large state-owned companies include the state police, New Jersey Transit, the Port Authority of New York and New Jersey and the Port of Newark.
But a significant portion of that cost comes from the federal government.
About 40 percent of the repair and capital expenditures for New Jersey’s vehicles is covered by federal money, the budget shows.