Parking fees increase in Louisville on July 1
Start collecting your quarters. The price to park in Louisville is on the rise.
LOUISVILLE, Ky. (WDRB) -- Parking Authority of River City is increasing curbside meter rates 25 cents an hour, from $1.50 to $1.75.
That increase starts July 1.
PARC foresees the higher fees generating more than $500,000 a year in additional revenue for PARC.
That money will be put toward the maintenance and repair of parking garages and meters.
"We have a ten-year plan for our garages, and it runs us about $1.5 million a year, and over the next three years it'll go up to $2 million. So, we are just trying to plan for that," said Tiffany Smith, PARC's Executive Director.
That's why the rates of the 4800 meters in Louisville will increase.
"The garages have to be maintained. There's a lot of wear and tear on a garage," Smith said.
"People are coming in and out in their cars, water, there's gasoline leaking at times, oil, in the winter time you have the salt that's coming from the snow, and all of that wears and tears on that concrete."
Shawn Owens parks in a garage every day and says the maintenance is necessary.
"I know the garage itself, they've been doing work on it because it was bad. We've had several people within the company have water dripping on their cars that was ruining the paint, so something needs to be done," Owens said.
Whereas, some people think the increase could hurt the city.
"That's probably going to force people to park somewhere else, and maybe not even come downtown. People aren't going to want to pay the additional 25 cents," said Paul Harmelin, a meter user.
PARC is also increasing the fee from $50 to $75 to get a boot removed. Traffic enforcers can attach a boot if a vehicle has three unpaid parking tickets.
A ticket costs $15, if paid within seven days. As of right now, there's $8.9 million in outstanding citations.
And PARC never sees that money.
"Revenue that comes from parking meters goes back to the parking authority. That funds the parking meters, that funds the garages. The citation revenue goes back to the city, so that funds street lights, sidewalks, paving the streets," Smith said.
PARC wants people to know that there are multiple ways to pay for parking.
Paying the conventional way with change still works, but now a third of the meters accept credit cards.
PARC also advises people to use their smartphones by downloading the PassportParking app that allows you to pay via credit card through your mobile device.
Officials believe the 25 cent increase will be cheaper for people in the long run.
"It's a lot less expensive than tearing them down and building a new garage. To put $1 million, or $1.5 million into 14 garages, it's a nominal fee. This is the only way we can maintain those and not eventually have to pass those costs on to taxpayers," Smith said.
The higher meter rate starts Friday, July 1, but officials say it will take a few weeks to reset all the meters in Louisville, and it may not get done until August 1.
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