City Council unanimously approved ordinances on second reading last week that will dissolve the Parking Authority and fold parking services into a Parking Utility within City Hall by the end of this year.
City Council approved a new five-year contract with the local union representing employees in the Department of Public Works (DPW) that covers that runs through 2021.
The Rahway Parking Authority expects to generate $1.7 million in revenue this year with expenses of about $1.5 million, for an expected surplus for at least the eighth consecutive year.
The Parking Authority will be dissolved and parking services in the city would be shifted to a Parking Utility, under legislation introduced earlier this month by City Council.