New Jersey stadium authority spends big for tickets
Here is the kind of government waste story that can turn your stomach if it is your tax money being curiously used.
The New York Post reports that the New Jersey Sports & Exposition Authroity has spent more than $1 million to purchase season tickets for Giants and Jets games. That’s $854,000 in PSL fees, $221,600 for tickets and another $275,000 for a luxury suite.
Per the report, politicians and business partners will be able to buy the 142 tickets from the NJSEA and a service fee will be charged to cover costs. First of all, it ought to be a hefty service charge if they plan on making up those PSL fees any time in the next, oh, decade. What’s worse? The agency is seeking $32.8 million from lawmakers to erase a funding shortage.
"These are the kind of shenanigans we need to guard against," said Senate Majority Leader Barbara Buono, a Middlesex County Democrat who is seeking an audit of the authority's budget. "It seems not only an unnecessary and unwise expense, but wholly inappropriate given the amount of money they are seeking from the state."
The authority attempted to defend the decision say it paid to keep seats it already had.
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