
San Diegans can expect to pay more for parking as the City Council voted yesterday to partially increase metered parking rates to close a significant budget gap. The rates will effectively double from $1.25 to $2.50 per hour for the majority of the city's 4,449 spaces currently charged at the lower rate, as reported by the Times of San Diego. The new fees are set to take effect on February 1.
With the city facing a $260 million deficit, officials have explored various solutions to offset the financial challenges, especially after a proposed one-cent sales tax measure failed to pass. The parking meter fee increase is part of a broader strategy to incrementally add much-needed funds to the city coffers. "If we do not take action, we are looking at cutting employees,” Councilmember Henry Foster III told FOX 5 San Diego during the council meeting.
The hike is expected to generate an additional $4 million for the remainder of the current fiscal year and $10 million annually. This revenue previously would have been partially shared with Community Parking Districts to improve walkways and crosswalks. However, with the new decision, all incremental revenue from the increase will be directed to the city's general fund.
While this move might encourage swifter parking turnover and benefit businesses reliant on customer turnover, not everyone is enthused about the implications. “These funds could alleviate pain for tough decisions later. But I don’t want San Diegans to be subsidizing vacations for tourists who can afford to come here,” Councilman Sean Elo-Rivera expressed his concerns, as stated by the Times of San Diego. Councilwoman Vivian Moreno voted against the fee increase, highlighting its potential strain on residents, especially those in lower-income districts. "With this proposal, we’re telling people in District 8 that when they plan to take a trip to downtown or Pacific Beach with their family, that we now expect them to pay twice as much to park their car,” Moreno stated to FOX 5 San Diego.