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SFMTA moves parking optimization package forward to help close budget gap; contractors raise concerns over permit fee hike
Summary
The SFMTA board directed staff to advance a package of parking optimizations expected to generate up to $18 million annually (meter floor increase, $0.25 across'the'board rate bump, pass'through convenience fee, contractor permit fee recalculation, extended time limits, and weekend enforcement). Contractor groups urged more outreach and questioned the size and methodology of permit fee increases.
The SFMTA board on March 20 directed staff to move forward with a parking optimization package that staff estimated could yield as much as $18 million in annual net revenue or savings if implemented.
Streets Director Victoria Wise presented the package, describing three revenue legs: off'street garages, on'street meters, and parking enforcement. She said staff have modernized garage operations over the last several years and recently completed a parking operations automation program that helped reduce costs and maintain net income despite a 20% drop in gross garage revenue since the pandemic. Staff stressed they continue to seek new uses for underutilized garage space.
The proposed on'street measures include: - Raise the meter floor from $0.50 to $1.00 per hour (estimated ~$1.2M annually). - A one'time across'the'board $0.25 hourly increase (estimated ~$3M annually). - Pass through the…
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