According to the local press, P and D in Seattle has increased the parking revenue almost 50% over the past couple of years. Read about it here. Seems that Pay and Display increases income without increasing the rates — folks buy the maximum using credit cards, easier to enforce, no "doubling up" as with standard parking meters. Of course, they are also covering many spaces not under a "fee" before.
Now the city is going to add more meters to increase revenue even more by covering areas not formerly covered by meters. So far so good.
I have two questions about this project — First — where is the money going (Anyone want to guess its into the general fund) and Second — how does the price for on street parking compare with off street parking (Anyone want to guess that it costs less than off street).
The story comments that the merchants want controlled parking — however do the merchants realize that they could have their sidewalks paved with gold if the money was returned to the neighborhoods from wince it came?
My guess is "nope" — that money is just gone gone gone.
Thanks to Rick Anderson