cash 4 cars today, LLC

100 ring road west
suite 108
garden city, new york 11530

NYS Entity Status
ACTIVE

NYS Filing Date
APRIL 07, 2014

NYS DOS ID#
4557706

County
SUFFOLK

Jurisdiction
NEW YORK

Registered Agent
NONE

NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY

Name History
2014 - CASH 4 CARS TODAY, LLC
2014 - RAYTOM ENTERPRISES, LLC









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  • Report calls for Muni to stop cash payment for cable car rides
    By Dominic Fracassa - Tuesday Aug 1, 2017

    Last year, San Francisco officials wanted to know if the city’s cable car operators were following all the proper protocols when they collected fares from riders and issued them receipts.Wearing inconspicuous clothes, the auditors boarded the city’s iconic cable cars at different times of day on weekdays and weekends to test just how rigorous conductors were in asking for payment and offering receipts.Citing “inadequate controls and unmanaged risks,” the controller’s report recommended that Muni abolish cash payments for cable car rides altogether as a way to keep revenues from trickling away due to uncollected fares.[...] Muni’s long-standing practice of collecting cash fares has been in a particularly uncomfortable spotlight since April, when a cable car conductor was arrested on felony embezzlement charges as a result of the audit after he allegedly pocketed riders’ fares.Muni permits cable car riders to pay with Clipper cards, visitor day passes or the MuniMobile app, but cash fares still accounted for about one-third — just over $10 million — of the transit system’s revenues for the 2015-16 fiscal year.[...] collecting that cash and issuing paper receipts — as is the current practice — leaves Muni vulnerable to financial impropriety and lost revenues, the controller’s report found.During their undercover observations on 30 rides, the controller’s undercover auditors found that cable car conductors didn’t ask them for fares on 11 of them, resulting in $77 in uncollected revenue.The police subsequently conducted a sting operation using unmarked bills, and arrested the operator on embezzlement charges on April 19.Muni concurred with most of the memo’s findings and recommendations, according to an official response form the agency attached to the controller’s documents, but said that it was “unlikely, however, given the ridership demographics, including tourists, that a full cashless system will be possible.”

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