By Jeremy Lybarger : sfweekly – excerpt
2015 has seen a rise in Golden Gate Bridge tolls and Muni fares — now you can add another hike to the list: parking. Although it’s not official yet, KQED reports that the SFMTA board is poised to approve a fee bump for using the city’s parking meters.
The projected increase is a result of the city’s initiative to update parking meters from coin-operated only to meters that accept credit and debit cards. Since 2010, when meter conversions began, the city has paid merchant fees associated with card processing, using federal grant money to cover those costs. But Paul Rose, an SFMTA spokesman, told KQED that the agency would have to earmark $47.7 million over the next nine years to continue footing that bill…
According to Priceonomics, a San Francisco-based blog that crawls the web for data, the SFMTA makes over $130 million per year from parking and meter citations. In 2013, the average parking ticket was $74, the most expensive in the country.
And, in case you’re wondering, the city’s parking meters communicate wirelessly with the SFPark data warehouse. When rates change, the new information is sent wirelessly to meters citywide… (more)
The SFMTA has a real problem if it can’t balance its 1 billion dollar budget. That’s right. 1 billion dollars out of the city’s 9 billion dollar budget goes to the SFMTA. And that is in addition to the 500 million in bonds they just talked tax payers into giving them. Hope those who voted against L like the traffic cause you gave them the benefit of the doubt.
New Fee Would Increase the Cost of Parking in San Francisco
But that convenience has a cost — merchant transaction fees. Until now, the San Francisco Municipal Transportation Agency has covered the cost of processing credit and debit cards with federal grant money, as part of the SFpark pilot. Now it’s planning to pass that cost on to the people using the service.
At a meeting Tuesday, the agency’s board will likely vote to add a 27-cent fee when drivers use a card to pay for a meter… (more)