>Parking utility loses a whopping $285,944 last year
the Staff of the Ridgewood blog
According to the Ridgewood News the Parking utility lost a whopping $285,944 last year significantly more than Graydon Pool leaving taxpayers to pickup the tab.
There is also still an outstanding bill of $395,000 which was used toward the purchase of the Town Garage property, a controversial project that was voted down by the council after a failed attempt to acquire the property through the use of eminent domain.
The property also have some environmental remediation issues that must be performed before the property can be used which may in turn raise the costs . These costs have not to our knowledge been quantified as of yet and often run far larger and initial estimates.
