Philadelphia Metropolis

Share/Bookmark

The Word of the Day

| Comments
is REFORM.  The Delaware River Port Authority, hammered within and without for its spending and other shenanigans, has decided to reform itself.  No more nepotism. No more political hiring.  No more non-bid contracts.  The bi-state authority, which oversees operation of the PATCO high-speed line and the bridges than span the Delaware River, also voted to take itself out of the business of economic development.  Over the last 12 years, the DRPA has ladeled out about $500 million for various economic development projects on both sides of the river.  It has left the agency carrying a heavy debt -- equal to 40 percent of its budget -- that will have to be paid off via bridge tolls.
blog comments powered by Disqus
Site by MartinKelley.com