On May 16, Atlantic City Council President Marty Small told meeting attendees, that he wants the South Jersey Transportation Authority to increase the local AC Expressway toll fare by 75 cents, to $1.50.
Small says the monies would be used for tax relief. Opponents to the plan say the move amounts to nothing more than a tax increase for those who use the AC Expressway. Residents prefer that Council puts more time into growing it’s share of the PILOT, internet gaming and sports betting revenue.
RESOLUTION SEEKING PLEASANTVILLE TOLL INCREASE TO BENEFIT ATLANTIC CITY
WHEREAS, The City seeks various means to create and enhance existing revenue streams in an effort to stabilize the tax base.
The City has campaigned with no success, to receive proceeds derived from:
- City Wage Tax
- Hotel Room Tax
- Compel CRDA to pay real estate property taxes
The Pleasantville Toll Plaza, operated by the South Jersey Transportation Authority, is a major artery into the City. 20,223,208 paid trips in 2013.
City urges SJTA to explore possible revenue sources for Atlantic City through specifically dedicated toll increases.
Various governmental officials have been contacted in connection with a proposal to raise the Pleasantville toll rate and will hopefully recognize the common benefits of such a proposal.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Atlantic City to urge the South Jersey Transportation Authority to explore the possible revenue sources for the City of Atlantic City through specifically dedicated toll increases.
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