The New Jersey Transit Authority yesterday approved two spending measures for fiscal 2010, a $1.39 billion capital plan and a $1.79 billion operating budget as the agency reached its 30th year of providing mass-transit services throughout the Garden State.

The capital budget is about $100 million larger than in fiscal 2009. To help finance infrastructure improvements in fiscal 2010, which began July 1, the New Jersey Transportation Trust Fund Authority will issue $692 million of bonds for NJ Transit capital projects, while federal funds will round out the capital plan.

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