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Contingency fund tapped to cover train station budget deficit in Danbury

A lease agreement has been approved between Danbury and the state for the Metro North Railroad station.  All revenue received by the Danbury Parking Authority from permits and parking meters are turned over to the City and used to offset the maintenance costs of the station.  The projected revenue is about $23,400.  Finance Director David St Hilaire says there has been a downward trend in revenue from parking and permit fees over the last decade, with revenue peaking in fiscal year 2011 at $36,000 and declining to $21,700 in fiscal year 2020.  St Hilaire says COVID-19 has accelerated the negative trend, which is expected to continue in fiscal year 2021.  The current administrative fee arrangement with the Danbury Parking Authority will continue, with a fund transfer from the contingency account to cover the deficit. 

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Dave Rinelli

Local Headlines