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RED BANK: PARKING REVENUE STILL ON TABLE

pasquale menna, michael ballard, red bank njCouncilman Michael Ballard, center, and Mayor Pasquale Menna on election night 2017. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

hot topic red bank njRed Bank’s mayor and council say they’re “hopeful and optimistic” about implementing the recommendations of a bombshell parking study delivered this month.

The assertion was made Tuesday in an unusual press release that appeared to walk back comments made by Mayor Pasquale Menna and Councilman Michael Ballard to redbankgreen last week, when they termed a key recommendation in the report potentially “catastrophic” and a “terrible hit” for taxpayers.

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RED BANK: ‘WEANING’ FROM METERS UNLIKELY

Using meters to fund town operations leaves the parking utility “without adequate financial resources” for maintenance and upgrades, the report found. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

red bank taxesOne of the key recommendations of a bombshell study of Red Bank parking appears unlikely to be adopted by borough officials anytime soon, redbankgreen has learned.

At issue: the council’s annual siphoning of the surplus generated by parking meters and kiosks in order to slow property tax increases. Ending the practice, says Mayor Pasquale Menna, would be “catastrophic” for taxpayers.

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