Making Parking Pay

by Herbert S. Levinson, Polytechnic Univ of New York, Brooklyn, NY, USA,



Document Type: Proceeding Paper

Part of: Managing Urban Transportation as a Business

Abstract:

This paper analyzes the financing opportunities and options for providing new downtown parking garages. It identifies the present financial posture of municipal parking agencies, analyzes the costs of providing new downtown parking facilities, and suggests means of obtaining needed revenues. It suggests parking policies that are keyed to developing and operating the parking system in a business-like way.

Subject Headings: Parking facilities | Local government | Business districts | Urban and regional development | Revenues | Financing | Benefit cost ratios

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