New Jersey § 5:10a-73

§ 5:10a-73.

a. The district transportation plan shall establish goals, policies, needs, and improvement

priorities for all modes of transportation, including walking and bicycling, within

the district for the ensuing 20 years following the effective date of sections 69

through 81 of P.L.2015, c. 19 ( C.5:10A-69 through C.5:10A-81 ) and shall be consistent with the master plan adopted by the commission pursuant

to section 10 of P.L.2015, c. 19 ( C.5:10A-10 ). The district transportation plan shall be based on a reasonable assessment of likely

future growth reflected in that master plan. b. The plan shall quantify transportation needs arising from anticipated future traffic

passing within or through the district based upon future development anticipated to

occur within or through the district, and reflected in the master plan. The plan shall set forth proposed transportation projects designed to address that

future development, prioritized over increments of five years, the allocation of public

and private shares of project costs and allowable administrative costs, and the amount,

schedule, and collection of development fees. If new developments are proposed in the district which are not considered in the

plan which is currently in effect, the plan shall be reevaluated, notwithstanding

the five-year increment provision. c. The plan shall be consistent with the State transportation master plan adopted

under section 5 of P.L.1966, c. 301 ( C.27:1A-5 ), the applicable county master plans adopted under R.S.40:27-2 , and the applicable regional transportation plan or plans adopted by a metropolitan

planning organization pursuant to 23 C.F.R. s.450.322 . To the extent appropriate given the district-wide objectives of the plan, the plan

shall be coordinated with local zoning ordinances and master plans. d. The plan shall include a financial element setting forth a statement of projected

revenue and expenses, including all project costs. The financial element of the plan shall identify public and private financial resources

which may be available to fund, in whole or in part, those transportation projects

set forth in the plan. The financial element shall make recommendations for the types and rates of development

fees to be assessed under section 74 of P.L.2015, c. 19 ( C.5:10A-74 ), formulas to govern the assessment of those fees, and the projected annual revenue

to be derived therefrom. e. The board shall make copies of the plan available to the public for inspection

no less than 14 days prior to taking any formal action to recommend the plan to the

commission for adoption thereof. In addition, the board shall take steps to notify members of the business community

and other interested parties of the plan and shall hold a public hearing thereon after

having given public notice of the hearing. f. The commission may, by resolution, adopt the plan as recommended by the board or

with modifications.