Board meetings, strategic plans, and buyer signals from Salvatore Cowan’s organization
Jul 16, 2026·BoardMeeting
Board
New Jersey Transportation Trust Fund Authority Meeting Minutes
The meeting included the authorization of the Nineteenth Supplemental Transportation Program Bond Resolution, which allows for the issuance of Transportation Program Bonds (2026 Series BB) in an aggregate principal amount not exceeding $1.7 billion. Additionally, the Board approved the resolution authorizing the payment of costs of issuance related to these bonds. A market update was provided regarding the municipal bond market, noting factors such as inflation, energy prices, and Federal monetary policy.
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New Jersey Transportation Trust Fund Authority Meeting Minutes
The board conducted the election of officers for the upcoming fiscal year. Members reviewed and approved the Financial Plan for the next fiscal year, which outlines the financing strategy for highway and transit projects. Additionally, the board received an update on the current fiscal year's capital program, including project status reports, category breakdowns for bridge and pavement projects, and consultant selections.
Dec 18, 2025·BoardMeeting
Board
New Jersey Transportation Trust Fund Authority Meeting Minutes
The board meeting focused on several key items, including the review of the Authority's Fiscal Year 2025 Financial Audit Report, which was presented by the Executive Director and reviewed by the Audit Committee. The audit results, prepared by Mercadien, indicated an unqualified opinion with no internal control or non-compliance issues. The board also discussed financial highlights, such as the change in net position due to bond issuances and capital project expenditures, and authorized the acceptance of the Financial Audit Report. No public comments were made during the session.
Nov 13, 2025·BoardMeeting
Board
New Jersey Transportation Trust Fund Authority Meeting Minutes
The meeting included the adoption of a resolution to approve the annual notice of meetings for the upcoming calendar year, which sets the schedule for regular meetings. This schedule includes virtual participation options via Microsoft Teams and teleconferencing.
Extracted from official board minutes, strategic plans, and video transcripts.
