Gov. Chris Christie of New Jersey announced expanded privatization efforts at New Jersey’s State Parks and Historic Sites. After my recent panel presentation at the American Association of State and Local History about State Historic Sites and Policy Responses there has been increasing pressure on State-owned parks and historic sites to raise revenue and restructure operations. Some groups have expressed concerns about privatization.
Gov. Chris Christie announces privatization efforts at Liberty State Park
The Administration with the Department of Environmental Protection is looking to boost revenue and reduce expenses. Currently, combined operations cost the state $39 million, but the state only raises $8 million in revenue. That’s a recovery ratio of 20%. DEP announced “Our strategy will enhance the offerings at our parks by expanding services and amenities, resulting in an improved, sustainable visitor experience.” The use of expanded visitor services to raise revenue can add great new opportunities and ensure the continued operation of these important resources in light of significant budget pressures. Check out their full report here.
I’ll keep up to date with any future developments of this important development.