I was thumbing through my city budget last night and I
came across something I had highlighted prior to
markup and had questioned in my mind.
If I understand the figures correctly, the city had
net revenue after expense of $1.8 million in 1998. By
1999 it shows net revenue of $124,000 and by the year
2000 net revenue after expense is negative $100,000.
There is not another forecasted positve number until
2003 and then only $51,000. By 2004, the number
increases to plus $202,000.
My questions are, or were, was this decrease in net
revenue due to the new meters and was this anticipated
or just an unhappy consequence? Is this why we see an
increase in meter rates downtown? And are these
forecasted figures in the budget the resultof these
increases and if not can anyone tell me(us) what the
new forecasted figures are?
I must say I always liked the old meters but then i
like an occasional Eskimo Pie or Popsicle? What can I
say, "PUT ME IN CUFFS AND THROW AWAY THE KEY!"
Tim Connolly
Ward 7
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