An audit commissioned by New Jersey Gov. Chris Christie and New York Gov. Andrew Cuomo called the Port Authority of New York and New Jersey a dysfunctional agency that can’t control spending. Port Authority Commissioner Pat Schuber spoke with NJToday Managing Editor Mike Schneider about the findings and reaction to them.
Schuber said he wasn’t that surprised with the audit’s findings, but that he and other commissioners are working to ensure the Authority runs efficiently and is fiscally sound. He said he believes the recent audit will help the commissioners reach that goal.
While some on both sides of the political aisle have called for a rollback of the recent toll hikes, Schuber called the move “irresponsible.” He also confirmed that money collected from the toll hikes will not go toward rebuilding at the World Trade Center site.
The audit also found that the World Trade Center project cost $4 billion more than originally projected. Schuber said the discrepancy occurred because the original estimate didn’t include all aspects of the project and because there was a tight deadline to get it completed by the 10th anniversary of 9/11.
“It has national significance,” Schuber said. “We want to make sure it’s done properly.”