New York City’s Stipulated Fine Program Costing Taxpayers Tens of Millions More!

The biggest beneficiary of the $0 tickets has been the United Parcel Service. According to the IBO report, the delivery company saved about $3.2 million in tickets, thanks to the reductions granted under the Stipulated Fine Program in fiscal year 2018. But according to documents reviewed by Streetsblog, the company also saved $12.4 million in tickets that were completely dismissed in calendar year 2017, which overlaps the fiscal year.

Federal Express had $4.6 million in year 2017 tickets that were zeroed out. Verizon and Verizon Corporate Services saved another $2.5 million. And Time-Warner saved $1.6 million.