Price parking correctly!
Return extra revenues generated to the
community through benefits and/ or tax rebates!
Parking is a quality of life issue that is much more than just storing a car while you do other things. Parking spaces can costs between $10,000 and $50,000(USD) to build. Parking construction and maintenance costs are often borne by taxpayers, customers, and home buyers whether they use the parking or not.
Why is Free/ Under-priced Parking a Problem?
-->We are condemning all drivers to a chronic parking shortage, and
-->Penalizing those who choose not to drive, and
-->Encouraging people to drive because parking is free
In other words, free parking makes the parking problem worse
Managed correctly, parking has the ability to make our communities much nicer places to live while providing all the parking we need-- when and where we need it
Solve your parking problem!
Parking has an impact on almost every part of our lives including the cost of our housing, the vibrancy of our businesses and how much exercise we get. Fortunately, parking can also generate revenue to help make our communities more pleasant and livable places. A small increase in the price of parking can reduce traffic, increase walking, bicycle and transit use and raise revenues to reduce the tax burden or fund desired community amenities.
We maintain that free and under-priced parking creates a myriad of problems from the mundane (employees parking in parking spaces best used by customers) to the global (wasted gasoline from cars "cruising" around the block looking for free parking). Pricing parking to manage demand is the first step to reducing parking problems. However, parking revenues should always be returned to the community where they are collected in specific neighborhood improvements or through a tax rebate.
Lets explore the world of parking!
Parking as a Scarce Resource
Got a Parking Problem?
Good Parking Policies
Returning Parking Revenues to the Community