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The New Jersey Department of Transportation recently proposed a $3.3 billion fiscal-year 2008 transportation capital program that includes $1.3 billion for New Jersey Transit.

The transit agency’s allocation would include $566 million to replace track, improve security, and upgrade signal systems, overhead power lines, electrical substations, rail stations and bus terminals. NJ Transit also would obtain funds to rehabilitate the more than century-old Newark Drawbridge; replace the North Jersey Coast Line Shark River Drawbridge approaches and bridges along the Raritan Valley Line; and begin preliminary engineering to replace the Northeast Corridor Portal Bridge.

The capital program also proposes funds for replacing 230 Arrow III self-propelled 1970s vintage rail cars that operate primarily on the Northeast Corridor, rehabilitating 99 Comet IV rail cars and replacing 42 locomotives.