New Jersey Transit Accountability Act requires an independent audit of the New Jersey Transit Corporation's financial management and budget reporting.
The New Jersey Transit Accountability Act mandates that the New Jersey Transit Corporation hire an independent firm to audit its financial management and budget reporting practices since the issuance of a 2018 report. The audit must include findings on the impact of the COVID-19 pandemic on service demand and funding adequacy, and recommend policies and best practices for corporate governance and customer experience. The audit report must be submitted to the Governor and the Legislature.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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