Parking Revenue $1.6M Short
/A delayed roll-out of the town’s new multi-meter parking system and technical glitches has resulted in the Town of Huntington coming up $1.6 million short of revenue projections, town officials have confirmed.
The town had budgeted for $3,053,000 in parking meter and ticket revenue in 2014, but is only expected to bring in $1.2 million, according to budgets.
Read on to learn how this significant shortfall occurred, how the Town will account for it, and what steps will be taken moving forward!
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