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From their website:
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Matheussen acknowledged that "we have heard the discontent" of commuters angry at having their tolls used for such projects as Lincoln Financial Field, the Kimmel Center, the National Constitution Center, and the New Jersey State Aquarium.
Most recently, the agency approved $10 million to help build a soccer stadium complex on the Chester waterfront and $5 million for the National Museum of American Jewish History near Independence Hall. "Going forward, I want to assure you that new monies raised from these proposed toll increases will not . . . be used for economic development projects," Matheussen said. "Our efforts and the toll monies will be dedicated to our assets, our bridges and PATCO." I was one of the "discontented" folks -- hope they really "get it" this time. Of course, it appears that only the increases won't be used inappropriately -- does this mean that they're free to keep spending the current amounts collected on their pet projects? |
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Yeah, it's a pretty ill-conceived plan. My guess is they round up to the nearest quarter. Notice that even in their selected example, the PATCO fare goes from $2.70 to $3.00, which is an 11.1% increase, not 10%. A few "round ups" lets them slowly increase rates while blaming inflation.
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The inquirer article had an interesting chart showing the rise in tolls from 50 cents in 1926 to $4 in september 2008. What's interesting is the "2008 dollar" equivalent taking inflation out of the picture. The tolls have been fairly constant by this measure for the past 30 years.
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I know "inflationary comparisons" are interesting to see, but it ultimately comes down to real world dollars. All I know is that come September, it will cost me over $20 more a month just to get to work, not counting gas prices. If it was the cost to take care of the bridge, fine ... problem is, it is not. |
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