Approximately 41 million people receive speeding tickets in the U.S. every year, paying out more than $6.2 billion per year, according to statistics from the U.S. Highway Patrol published at StatisticBrain.com. That translates to an estimate $300,000 in speeding ticket revenue per U.S. police officer every year.
State and local governments often lean on this source of income when they hit financial trouble. A study released in 2009 examined data over a 13-year period in North Carolina, finding a “statistically significant correlation between a drop in local government revenue one year, and more traffic tickets the next year,” Popular Science reported.
So, just as drug cops in Colorado and Washington are cutting budgets after losing revenue from asset and property seizures from marijuana arrests, state and local governments will need to account for a drastic reduction in fines from traffic violations as autonomous cars stick to the speed limit.