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Lately I’ve been noticing quite a bit more traffic cameras in the San Fernando Valley. I started to wonder why they were suddenly appearing and also how much they must cost. As I watched how much work and time went in to installing, not to mention paying for these cameras I got suspicious. As it turns out according to the Insurance Institute for Highway Safety, these cameras can cost almost $100,000 per intersection to install. Wow! I can only imagine how they plan to recoup these costs…
Well as it turns out, these Red Light Cameras make MILLIONS of dollars. And not all of it goes to the city. In fact, quite a large percentage of it goes to the companies that own the cameras. Sounds like a sweet deal to me. In fact, some people have found that these Red Light Cameras designed to make intersections safer, are being placed not at the most dangerous intersections (where most fatalities occur) but at the one where there are the most red light violations = more $$$
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