Tag Archives: nonsense

What would you do?

It’s Thursday and you need to take a break for a minute or two…. allow us to give you a bit of distraction:

What would you do if you won the lottery?

No, not what or how many would you buy…. how would you want to get paid? Take the lump sum? Or take the annuity for 30 years? These people asked just that question…

http://www.businessinsider.com/should-you-take-the-annuity-or-the-lump-sum-if-you-win-the-lottery-2013-9

If you don’t want to follow the link I’ll share the answer…. it depends. If you can invest your money and get a good return then you want the lump sum. Your mileage, of course, may vary.

Now that you have a bit of rationality applied to this idea you should feel free to daydream for a bit about that tropical island you’re going to buy when you hit the Powerball.

A word about Red Light Cameras

An excerpt from the Margate News .net regarding Red-Light Cameras:

Red Light Camera revenues not what the city thought they would be

Originally, the state wasn’t supposed to get a piece of a city’s red light camera revenues. But in July 2010 that changed when Florida lawmakers enacted legislation requiring Florida cities to fork over more than 50 percent of red-light camera fines to state coffers, leaving Margate and other cities with far fewer revenues than anticipated. For every $158 red-light camera citation Margate collects, the state gets $83.00.

But that’s not all. Of the $385,000 in red light camera fines Margate collected in October 2011 – April 2012 (the first six-months of the program in Margate), the city paid the red light camera vendor (America Traffic Solutions) $240,000 in contract services; hired two community service aides at a combined salary of $67,400 to administer the program; paid out a combined $19,000 in operating and office supplies and $6,500 in court expenses.*

Margate’s share: about $52,000.

via MargateNews.net – [Margate News Briefs: Snipe Signs, CPR, Red Light Cameras and the Angel of the Aging].

So another Municipality acknowledges that the Red Light Camera’s were really a revenue stream and had little to do with ‘public safety.’

Now, how do we go about removing these things?