The Port Authority of New York and New Jersey released its long-awaited audit this afternoon that, among other changes, $41 million was saved in having all non-union employees contributing to the cost of their health insuracne.

Gov. Andrew Cuomo and New Jersey Gov. Chris Christie had requested the audits saying that the years of financial mismangement, along with delays at the World Trade Center rebuilding, required an independent look into their finances.

“Last year, we directed the Port Authority to undertake a full and independent audit of its operations and finances in order to be responsible and transparent to our toll payers and taxpayers. Today’s conclusions by two independent reviews show that the Port Authority is finally on the right track, and the necessary reforms put into place by the agency’s leadership are beginning to deliver results, just as we demanded,” Cuomo and Christie said in a joint statement. “The Port Authority plays a powerful role in the economies and transportation infrastructures of our two states. We thank its management for their hard work, and together we will continue to invest in and rebuild the states of New York and New Jersey.”

Navigant Phase 2 and Rothschild Reports

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