- Associated Press - Monday, January 5, 2015

ATLANTIC CITY, N.J. (AP) - Officials in Atlantic City see parking revenue from meters and tickets as a way to raise much-needed cash.

A recovery plan released last month says the city needs to cut about $40 million from its budget over the next four years.

Chris Filiciello, chief of staff to Mayor Don Guardian, tells The Press of Atlantic City (http://bit.ly/1AoXHrY) that a modernized parking system could bring in an additional $900,000 annually.

It’s estimated $400,000 would come from meters and $500,000 from tickets.

The newspaper reports the city took in about $1 million in meter revenue and tickets in 2013, but spent more than $600,000 on salaries and benefits for parking enforcement employees.

Guardian says he wants to tighten parking enforcement and replace coin-operated meters with ones that accept credit and debit cards.

___

Information from: The Press of Atlantic City (N.J.), http://www.pressofatlanticcity.com

LOAD COMMENTS ()

 

Click to Read More

Click to Hide