Monday, September 23, 2013

Diminishing returns

Critics of  New Orleans's red light cameras have long cited the experience of other cities where such experiments had been tried previously.  In many of those cases, the cameras are being abandoned as they have disappointed projections both in terms of accident prevention and revenue generation.

Today the city's revenue estimating conference revised their projection for this year downward by $2.4 million.  The reason:
Officials said Monday that the city expects to take in about $2.4 million less in revenue this year than previously forecast, mostly because less money than anticipated is coming in from the city’s traffic cameras, EMS collections and other secondary sources.

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