It's Your Dime: Pricey Annual Reports - Philadelphia News, Weather and Sports from WTXF FOX 29

It's Your Dime: Pricey Annual Reports

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In this edition of It’s Your Dime, Fox 29 Investigative Reporter Jeff Cole takes a look a something you have probably never seen or read, but are paying for with your taxes and tolls.

Jeff is talking about those annual reports put out by the larger authorities like the DRPA and SEPTA. They are packed with facts and figures, loaded with full-color photos, and their pages are super glossy. And the one thin you need to know: These reports do not come cheap!

For example, SEPTA spent $6,151 to print 300 copies of it’s 38-page 2009 Annual Report, ’Sparking Progress.’

SEPTA says to save money, the report will be sent electronically to it’s stakeholders and will be available to the public on it’s website.

The Philadelphia Housing Authority paid nearly $6,500 to print 5,000 copies of it’s Annual Report called ’Energizing the Present, Sustaining The Future.’

PHA says it’s 31 page booklet provides a summary of it’s accomplishments. The report is available online.

Of the three agencies Jeff looked at, the DRPA’s Annual Report was the least expensive to print. The DRPA has it’s own presses and was able to print out 500 copies of it’s 89-page report for only $1,637.

The DRPA spokesperson says the authority saved the toll-paying public money this year by posting the beefy report on it’s website.

All three authorities tell Fox 29 they are mandated by their legislating bodies to produce the annual reports. The main reason is to clue the public in on how their money is being spent.
 

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