Philly Parking Authority Expects $4M Decline In Revenue
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PHILADELPHIA -
It appears drivers in Philadelphia are following the city's parking rules, resulting in fewer parking tickets issued by the Philadelphia Parking Authority and less in revenue.
The agency on Tuesday released its budget and says it expects a $4
million decline in revenue as a result of fewer tickets and more drivers
following the rules.
In a statement, PPA Executive Director Vince Fenerty said the decrease in revenue is due to fewer drivers breaking parking laws coupled with new parking kiosks, which make it easier for drivers to follow the rules by paying with credit cards instead of cash.
"Additionally, a new notification system has been established for those who get tickets," the statement read. "Instead of a late-payment penalty being imposed after 15 days, a warning letter is issued instead at that point. The penalty comes 10 days after that."
Fenerty says the goal of any parking enforcement program is to have drivers comply with parking regulations.
"Lower revenue from fines is the result of better compliance by the public."
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