![]() Adjusted EBITDA was $16.6 million for the second quarter.Net income was $1.7 million for the second quarter.Total operating income was $3.7 million for the second quarter.Revenue was $132.7 million for the second quarter.01, 2023 (GLOBE NEWSWIRE) - Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter ended June 30, 2023. Second quarter adjusted EBITDA of $16.6 millionĭredging backlog of $434.6 million at June 30, 2023 Similar bills-as well as other variations on Saylor and Wolf’s proposals-have repeatedly been introduced by lawmakers in recent years, but none have built up much steam.Second quarter net income of $1.7 million “I think that kind of legislation can actually pass the General Assembly.” “I think we have to start somewhere,” he said. It would require municipalities with 10,000 residents or more to pay for state police coverage, but smaller ones would be able to continue under the current system. Saylor urged lawmakers to support an alternative funding proposal, which he is sponsoring. Meanwhile, lawmakers from urban and suburban districts feel rural communities are getting a freebie. Rural lawmakers believe they shouldn’t have to pay as much for state police coverage as larger municipalities with higher crime rates. That has long been the central conflict in the police funding issue. “It’s just very difficult to ask a township that has a thousand people in it to pay $25 a person.” “I did tell the governor that his fee is dead on arrival,” he said. “If I were a businessman, and I had some service that I really needed, and the cost of that service was $240 plus, and somebody came along and said ‘I’ll give it to you for $25,’ that would be the fastest check I would ever write,” he said.īut GOP House Appropriations Chairman Stan Saylor said rural lawmakers won’t consider Wolf’s plan. House Democratic Appropriations Chairman Joe Markosek supports the plan-but argued at Tuesday’s hearing on the state police budget that it should actually be higher. Governor Tom Wolf has repeatedly pitched a $25-per-person fee for municipalities that rely on state police. Two years ago, they put a cap on the amount of money the legislature is allowed to take from the Motor License Fund to pay for state police, and put in place a scheme to steadily reduce the appropriation.īut a fundamental question remains: how can lawmakers replace that money? Lawmakers acknowledge that the somewhat-slapdash funding system isn’t sustainable. In 2002, for instance, only $340 million was taken from the Motor License Fund to pay for police service, but that amount also covered 60 percent of police expenses. ![]() That has increased exponentially over the last few decades-largely because police costs have jumped dramatically. The more than $800 million sum constituted 29 percent of all payments made from the fund. Last fiscal year, 65 percent of that budget came from the Motor License Fund. ![]() It costs state police an average of $240 per person-though that number doesn’t include administrative expenses or support services, like special operations.Īll told, state police spend an average of about $600 million dollars on municipal law enforcement every year-around half of their entire budget. That coverage goes to predominantly rural areas, which encompass about 20 percent of the commonwealth’s total population, but 80 percent of its geographic area. 400 more use part-time state police coverage, according to the department. Pennsylvania has over 2,500 municipalities, and almost 1,300 of those rely on the state police for all their law enforcement needs. Motor License money has long been routed to the state police under the logic that its constitutional purpose includes the safety of public roads and bridges.īut municipalities without their own police departments have increasingly leaned on troopers for routine law enforcement-and that’s expensive. But despite repeated efforts, the issue hasn’t budged much in years. Lawmakers agree that system needs to change. ![]() Most of the department’s annual budget comes from the commonwealth’s Motor License Fund, which is supposed to pay for roads and bridges. Pennsylvania lawmakers are trying to figure out a better way to pay for state police. ![]()
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