
|
_________________________________________________________________________________
________________________________
SCRUTINY FOR JCPA
|
Tired of seeing red, parking agency tightens its belt
Wednesday, March 29, 2006
By JARRETT RENSHAW
JOURNAL STAFF WRITER If the Jersey City Parking Authority was listed on the
New York Stock Exchange, investors might be advised to sell,
after The JCPA collected just over $6 million in revenues last year, including more than $2 million in parking fines and the sale of a parking lot for $287,000. Meanwhile, the agency had $6.6 million in expenses,
creating a deficit of $526,072, according to an audit. The
expenses That marks the third fiscal year in a row that the JCPA has seen red when it closed its books. The 2003 budget year saw a $266,062 deficit and the 2004 fiscal year saw a $741,784 deficit, according to the audit. "It's a problem, and it won't be fixed overnight," said
JCPA Executive Director Robert Dalton, who came on board
late last Dalton promised to get the deficit to less than $100,00 by the end of the current fiscal year on June 30 through stepped-up enforcement and booting, as well cuts in expenses. In just a few months, Dalton said, he has taken aim at the agency's rising salaries and benefits, which rose to $5.2 million last year, a roughly a 20 percent increase since 2001, when those expenses were $3.8 million. Dalton said the new contract negotiated with employees
includes a 50 percent reduction of pay for sick days and a
provision "We need to get a handle on the salaries and expenses in
order to get back to our mission, which is providing more
parking On the revenue side, Dalton said the JCPA plans to put parking meters along Martin Luther King Drive and Monticello Avenue. However, Dalton said the move has more to do with promoting economic development. Dalton said he hopes to put aside the $468,000 the authority received for the sale of a parking lot on King Drive this year to purchase property for parking. "After all, that's the reason the agency exists," said Dalton. |