Not Much Money Have The Meters Made

Low parking meter collection rates have shocked public officials in San Francisco, where parking is so valuable people are literally killing for it.

1 minute read

January 26, 2007, 10:00 AM PST

By Nate Berg


"A report from Board of Supervisors Budget Analyst Harvey Rose shows that San Francisco's roughly 23,000 meters collect on average between $2.61 and $5.59 a day."

"Surprisingly, the lowest collection rates were recorded in the core of downtown San Francisco, where drivers run the gantlet to find a legal parking space and where meters cost as much as $3 an hour."

"Over the past three years, the city has collected $77.6 million in parking meter revenue, well below the $83.5 million originally forecast. But officials at the Municipal Transportation Agency, which oversees meter collections, said the numbers are significantly higher than in 2002 when the city collected $12 million."

Thursday, January 25, 2007 in The San Francisco Chronicle

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