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re: New Orleans Causeway looking at increasing toll from $3 dollars to $4 dollars
Posted on 7/19/16 at 4:22 pm to ihometiger
Posted on 7/19/16 at 4:22 pm to ihometiger
I would love to see:
1) when was the bridge "paid off"
2) how much money has been collected in tolls since then
3) how much do they spend per year on maintenance and overhead in detail
4) how much was collected in tolls each of the past 3 years
1) when was the bridge "paid off"
2) how much money has been collected in tolls since then
3) how much do they spend per year on maintenance and overhead in detail
4) how much was collected in tolls each of the past 3 years
2
Posted on 7/19/16 at 4:33 pm to etm512
Toll revenue will provide about 73 percent of the Causeway's total revenue of $21,751,000, according to the budget. Other revenue includes $5,800,000, or 27 percent of the total, from state Highway Fund No. 2.
$27,551,000 in revenue (2013)
Under the expenditure column, the budget calls for $3,769,565 in spending on capital improvements/bridge rehabilitation, a 13 percent decrease. It calls for spending of $523,313 on capital acquisitions, an increase of about 104 percent that Dufrechou attributed to the upcoming purchases of as many as nine new police vehicles, a wrecker and a Motorist Assistance Patrol truck.
The largest expenses are payroll and benefits at $6,180,760 or 28 percent of the budget, and debt service, which is $4,637,891 or 21 percent of the budget.
$15,111,529 in total expenses.
Difference of + $12.4 mil
Per Nola.Com
$27,551,000 in revenue (2013)
Under the expenditure column, the budget calls for $3,769,565 in spending on capital improvements/bridge rehabilitation, a 13 percent decrease. It calls for spending of $523,313 on capital acquisitions, an increase of about 104 percent that Dufrechou attributed to the upcoming purchases of as many as nine new police vehicles, a wrecker and a Motorist Assistance Patrol truck.
The largest expenses are payroll and benefits at $6,180,760 or 28 percent of the budget, and debt service, which is $4,637,891 or 21 percent of the budget.
$15,111,529 in total expenses.
Difference of + $12.4 mil
Per Nola.Com
This post was edited on 7/19/16 at 4:35 pm
Posted on 7/20/16 at 10:28 am to etm512
Take a look at their audited financials. All of the info you seek is in there.
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