Based on a news article, stepped up parking permit enforcement and nighttime meter collection/enforcement in a targeted portion of the City’s South Side is going well according to some, but may be imposing costs, according to others. The program is a pilot that is supposed to last for one year, with enforcement of meters and permits extending late into the evening on Fridays and Saturdays.
The article says that the City has reaped $50,000 in revenue from the pilot program. How much does that represent in what the City expects to get from parking tax and related parking revenues?
Based on monthly revenue estimates from the City Controller’s office, the most recent month posted (April) the Citywide collection of parking tax revenue was $4.6 million; year to date was $13.4 million, which was $1.2 million higher than the year to date in April of 2016. For the 2017 budget, the city is budgeting $53 million from parking tax; under charges for services, the City is budgeting daily parking meters at $8.7 million; under fines and forfeitures, $7.8 million; and under intergovernmental $1.8 million from the parking authority.
