That’s a lot of dough
It is reported that the District of Columbia takes in $92 million in parking fines each year. That doesn’t include the $100 million in red-light-camera tickets or $7 million in residential parking permits. Read more here. They’re really raking it in.
“Parking is a big business in the District,” said John B. Townsend II, a spokesman for AAA Mid-Atlantic. “The District makes $100 million from speed and red-light cameras and $90 million from parking tickets. When you count in parking permits, registrations, licensing fees and the rest, I’ll bet the city makes close to a billion dollars a year off cars.”
A billion dollars.
This article does a good job providing many essential and interesting numbers about parking in DC. But the numbers I’m really curious about are the ones that quantify how all this money is spent. I bet nobody knows those numbers.