The DRPA decided in 1999 with their $500 million Revenue Bond that it needed to stray from its core charge of (1) providing access to-and-from Philadelphia at a fair cost for regional commuters, to (2) funding “economic development” initiatives with no correlation to its core mission.
For far too young, New Jersey public agencies/authorities entrusted with our money (the DRPA included) have spent that money in accordance with a not-so-subtle strategy to aid their machine overlords. This has drawn the attention of state and federal investigators who have condemned what the DRPA has done not only to those who use the bridges but also, more generally, the taxpayers of New Jersey.
According to NJ State Comptroller Matt Boxer, “[i]n nearly every area we looked at, we found people who treated the DRPA like a personal ATM, from DRPA commissioners to private vendors to community organizations.” In the final disposition of the borrowed money, in December, $6 million was given out for a cancer center being built at Norcross’ Cooper University Hospital. The 15-year-long spending spree on economic-development projects such as concert halls, sports stadiums, museums, and monuments, contributed to the DRPA’s $1.4 billion debt.
More than 40% of commuters’ tolls now go to pay principal and interest on that debt…
Federal investigators said they were examining toll increases on local bridges. The Government Accountability Office, the investigative arm of Congress, said it wanted to know how toll increases were determined and why.
Tolls would still be around $2.50, not the $5 it is today if the DRPA had never took this path of spending $500 million on non-core projects. By contrast, the Burlington Bridge Commission has kept tolls at $2 for 12 years.
If Burlington County can do it then why can’t the DRPA?
This type of irresponsible business management is similar to how the Camden County Freeholders treat the county government: as their own personal ATM machine. When compared to Burlington County, taxes in Camden County are 67% higher per household. The county is run just as ineffectively as the DRPA.
Who is in the middle of all this: the Democrat Machine. When will the residents of Camden County say that they have had enough of this type of influence on both the DRPA and Camden County government?
Dale Carnegie’s How to Win Friends and Influence People never suggested paying for them, but that is exactly how business is done in Camden County and other machine-controlled regions of Southern New Jersey — all at the tax and toll payers’ expense.
Don't let anyone say I never gave credit where cridt was due…Thanks George thanks for everything…
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