in our Spotlight on Business Report New Jersey Transit is getting closer to a fiscal cliff the agency's been able to avoid service cuts and fair hikes for the last five years thanks in large part to Federal pandemic relief funds but that money is set to run out in 2025. without it NJ Transit predicts it'll be short by more than 119 million dollars the amount could snowball to nearly a billion dollars according to the agency's four-year budget forecast unless njt raises fares or gets more state aid Transit Advocates have long pressed the legislature to create a dedicated source of funding for New Jersey Transit which is facing similar problems to other Transit agencies Nationwide as coveted relief funds dry up support for the business report provided by Junior Achievement of New Jersey providing students with skills and knowledge to explore choose and Advance their career paths for a brighter future online at janj.org