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Monday, January 26, 2015

NYPD 'Slowdown' Saves Taxpayers $10M A Week In Parking Ticket Fines

Chris | InformationLiberation

The New York Post is reporting the NYPD's slowdown in issuing parking tickets is "costing the city $10m a week in revenue."

From the perspective of the state's tax-victims, that means taxpayers are saving $10m a week.

The New York Post reports:

The city is losing about $10 million per week on parking ticket revenue because of the NYPD work slowdown, according to budget watchdog estimates.

There were just 1,191 parking summonses handed out between Dec. 29 and Jan. 4 ? down nearly 93 percent from the same period last year, when 16,008 of the dreaded orange envelopes were slapped on windshields.

Based on the weekly average ticket take of $10.5 million in fiscal 2014, the Citizens Budget Commission estimated the reduction could have bled about $10 million from city coffers.

And that doesn?t include other revenue losses from similar reductions in moving violations and court summonses during the slowdown, which is now in its third week.

?While losing $10-$11 million in a week is real money, in the context of the city?s $77 billion annual budget it?s a very small amount,? said Doug Turetsky, of the Independent Budget Office. ?But if the losses continue over weeks and months, the effect on the budget becomes more substantial.?

If you do the math, the state is looting people for $546m a year from parking tickets alone. The fact this is meager considering the city's budget is just further evidence how insanely large their budget is.

I covered the other day how New York police working for the port authority are making over $300,000 a year, that money doesn't materialize out of thin air, it has to be stolen from the general public before they can gorge on it.

This police "slowdown" is the best thing that has happened to New York taxpayers in ages, may it continue in perpetuity until all the cops and the bureaucrats they serve are out of work.

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The police are doing the people a favor with this slowdown. 9 billion dollars state wide, is collected in fines each year in new york,one can only wonder how much fine money is collected in the whole country. Big change is coming, and coming very soon.

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