CA$HING in on Taxpayers

According to the latest SF Transportation Fact Sheet, the city of San Francisco makes $40,520,486 from parking meters and $86,306,584 from parking tickets for a total of $126,827,070.

Note, that the city makes twice as much from parking tickets as it does on parking meters. But if there are no parking meters, the city can’t issue parking tickets, which is why City Hall is putting more parking meters in city neighborhoods.

Note too that the city also makes $38,742,622 from city-owned parking lots and garages and another $9,040,407 from its residential parking permit program, which has people paying for a permit to park in front of their homes. Creating the SFMTA seems to have only accomplished creating one very large dysfunctional organization. If anyone doubts why San Francisco is broke, look no further than the fact that 1 out of 3 public employees make over $100,000 a year, 20% more than the private sector pay, with vastly better benefits and health care…

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