Friday, December 19, 2014

Credit agency: End of NJ's red light camera pilot program was a 'credit negative' for towns

... Moody's found that the cameras brought in about 1 to 2 percent of the local governments' total revenue in New Jersey. Newark, which has 19 red light cameras, has generated $4 million in annual revenue through the pilot program. Englewood Cliffs, ...

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