We’re saving money by not
driving, but it’s costing
N.J. $23M in lost toll revenue
N.J.com,
by
Larry Higgs
Original Article
Posted By: Ribicon,
4/28/2020 7:51:43 PM
New Jersey’s two biggest toll roads took a multi-million hit in lost revenue last month due to coronavirus travel restrictions. Revenue on the New Jersey Turnpike and the Garden State Parkway were down in March, as traffic dropped due to more employees working from home to avoid exposure to COVID-19.
New Jersey Turnpike Authority earnings dipped by $21 million for the first three months of 2020, said Donna Manuelli, Turnpike Authority chief financial officer on Tuesday. Toll revenue, which is the authority’s biggest revenue source, was down $23 million than what was budgeted for, she said. The authority earned more than expected from interest
Reply 1 - Posted by:
Urgent Fury 4/28/2020 8:08:41 PM (No. 394806)
Maybe the Mob can get the state reopened.
10 people like this.
Reply 2 - Posted by:
Jethro bo 4/28/2020 8:21:51 PM (No. 394818)
States, even hard leftist states, will soon start opening up with a new philosophy that its safe. Of cousre is will not be based on facts. If they listened to facts they would have started opening up already. No, they will open up cause they are running out of other people's money and need that money to buy votes and push fascist agendas. No money, no leftist paradise. Money talks. Liberal pandemic panic walks.
8 people like this.
Reply 3 - Posted by:
planetgeo 4/28/2020 8:24:35 PM (No. 394820)
This. Is. Just. So. Schadenfreudelicious...
10 people like this.
Reply 4 - Posted by:
HerbVA 4/28/2020 8:24:52 PM (No. 394821)
TFB, Gov. Murphy. Get the state taxes raised again to make up the shortfall.
4 people like this.
Reply 5 - Posted by:
LadyHen 4/28/2020 8:53:22 PM (No. 394841)
Oh, I'll do ya one better. Our mayor here in Nashville just announced a 32% property tax increase, because of Covid. Couldn't be that this city that has been a Democrat run city since the Depression has been in massive debt long before Covid. Nah. But now the gravy train with biscuit wheels has ended and we the tax payers who get bad policing, bad education, surly government employee service, and short shrift at every turn get to foot the bill for their irresponsibility. Personally, I think we need to build a stocks in the town square and make some examples of this spend thrift council members but I know I am in the minority.
It just burns my biscuits that our city is kicking us in the gut while we are down.
15 people like this.
Reply 6 - Posted by:
John C 4/28/2020 9:18:43 PM (No. 394854)
Our property tax went up $240/yr ($60/qtr) but the auto insurance company gave us back $37 dollars which balances things./s
6 people like this.
Jersey is always whining. You can't have it both ways.
5 people like this.
Reply 8 - Posted by:
Nashville 4/28/2020 9:57:18 PM (No. 394882)
My daughter is 25, went to college on the east coast.
She could not understand why a US Interstate highway was free in 90% of the country was a toll road in the northeast. I educated her, candidate Trump held a rally at her college, and she is a supporter of him.
9 people like this.
Reply 9 - Posted by:
NHChemist 4/28/2020 9:58:57 PM (No. 394884)
As one wag said "I'm getting three week per gallon." The Democrat wish to collapse the economy is running up against the welfare state. Fuel taxes, tolls and other income that the states depend on is almost non-existent. Add in the high pension costs for pampered state workers and disaster is coming. Their spending practices have exacerbated their deficits so let them be hoist on their own petard.
10 people like this.
Can I drive cross country now? From Mississippi to Illinois then to Washington State and back???
2 people like this.
Reply 11 - Posted by:
hershey 4/28/2020 10:18:10 PM (No. 394893)
I hate tolls and avoid them when I can...problem is 'they' start a toll to 'fix' something, and when the something is 'fixed', the toll NEVER goes away...it is just another not-so-hidden tax on drivers....
8 people like this.
Reply 12 - Posted by:
sanspeur 4/28/2020 10:29:59 PM (No. 394903)
Pennsylvania has gotta be hurting too .. ohio ? Indiana . then the roads are free . Pa guv tried to eliminate rest areas for food , fuel & potties cause woo-flu , whatever. lasted for half a week ? Some kind of tyrant bug loose in the land ...
5 people like this.
Reply 13 - Posted by:
Nashville 4/28/2020 10:36:42 PM (No. 394908)
Oops. Forgot to add this..
Why don’t the kids from New Jersey know how fill their car with gas?
2 people like this.
Reply 14 - Posted by:
Heil Liberals 4/28/2020 11:09:30 PM (No. 394918)
Addiction is such a horrible disease, especially for the politicians.
2 people like this.
Reply 15 - Posted by:
DVC 4/29/2020 12:42:57 AM (No. 394948)
Not from me.
0 people like this.
Reply 16 - Posted by:
Trigger2 4/29/2020 4:41:40 AM (No. 395003)
NJ is a demonrat run state and they're losing tax money. Too bad; so sad. That is, until the demonrats can gin up another tax to replace that lost money and if the economy gets back to work again, well then the demonrats have a piggy bank of extra taxes that they can spend and waste on.
2 people like this.
Reply 17 - Posted by:
PChristopher 4/29/2020 5:49:30 AM (No. 395018)
It irks me that taxpayers are forced to pay tolls to use roads that their taxes paid for.
4 people like this.
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Comments:
Yes, they want a federal bailout, perhaps as a small business seeing how they have fewer than 500 employees in each tollbooth. Never mind that there's now minimal wear and tear on the roads, which is the pretext for having tolls on roads that were built and paid for decades ago. Crooks, the lot of them.