NY, NJ Port Authority approves $6.3 billion budget

AP News
Posted: Dec 11, 2009 11:10 AM

The Port Authority of New York and New Jersey is cutting 150 positions and slashing overtime.

The moves are part of the Port Authority's $6.3 billion budget for 2010. The agency's board of commissioners approved the budget Thursday.

The agency also plans to hire fewer consultants to save money in a tough economic climate.

A spokeswoman says the job reductions were achieved through attrition, a voluntary severance program and leaving vacant positions empty.

The agency says its 2010 staff of 6,977 people is a 40-year low.

The Port Authority's chairman said the agency was forced to make difficult choices but had to live within its means.