Port Authority Of New York And New Jersey Board Meeting
The board meeting included reports from the Finance Committee and the Capital Planning, Execution, and Asset Management Committee. Discussions covered financial performance results for the first nine months of 2026, including impacts from a retroactive payment for the World Trade Center Tower 2 site, severe winter weather, and geopolitical factors. The Capital Planning Committee reported on capital spending, high milestone completion rates, and progress on infrastructure projects including bridge rehabilitation and fare collection upgrades. The meeting also featured a special recognition for Lillian Borrone.
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Port Authority Of New York And New Jersey Committee On Capital Planning, Execution And Asset Management Committee Meeting
The committee reviewed capital performance results for the first nine months of 2026, noting that $2.3 billion had been spent, representing 82% of the budget. It was reported that 94% of schedule milestones were on target. Key project updates included the progress of George Washington Bridge rehabilitation projects, the completion of the new PATH fare collection system, and marine rehabilitation efforts involving wharf berth pile replacements to reduce future capital costs.
Oct 22, 2026·Board meeting agenda packet
The Port Authority Of New York And New Jersey Board Meeting
The Board addressed various infrastructure and operational matters, including quarterly financial and capital performance reviews and project updates on the Gateway Tunnel and Newark Liberty International Airport. Multiple resolutions were considered for authorization, including a lease amendment for an automotive maintenance facility, rehabilitation projects at John F. Kennedy International Airport, and several capital improvements for the Port Authority Trans-Hudson rail system, such as turnout replacements and substation upgrades. Additionally, the Board reviewed and authorized planning and rehabilitation projects for the George Washington Bridge, including work on the Trans-Manhattan Expressway, the upper-level deck, New Jersey access tunnels, and bus parking bridges.
Apr 23, 2026·Board meeting
PANYNJ Committee on Capital Planning, Execution and Asset Management Meeting
The committee reviewed capital performance results for the first quarter of the current fiscal year. Key discussion points included a review of capital spending totals compared to the previous year, with an analysis of budget execution rates impacted by winter weather conditions. Additionally, the committee evaluated progress on major projects, including the JFK redevelopment, the Newark AirTrain, and the Midtown Bus Terminal, and noted a 100% completion rate for scheduled milestones during the quarter, despite the weather-related spending variances.