What kind of Impala can you buy for $187,789.50?
After reading Juan Melli's post on Asset Monetization over on Blue Jersey, I decided to download the 2006 Annual Report for the Turnpike Authority. I took State Senate President Richard Codey's "say yes or come up with a better idea" sentiment to heart, so I figured I'd take a look.
No solutions on my end at this point; but on page 60 there is a line-item contract for a $187,789.50 2006 Chevrolet Impala. A bullet proof BMW 745Li doesn't go for that much. One has to wonder what we got for our money. At 88 MPH can we go back in time and fix the budget crisis before it begins?
Tuesday, November 27, 2007
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