The Chron says that while the meter's don't take in enough money, tickets do. Or at least in relation to other cites. Here comes the numbers: last year people plunked in about $29.4 million into parking meters, about 22% of the maximum potential revenue. That equals about $4.07 a day and is a lot less than the average city. The city, however, doles out about $22.8 million in tickets, $18 million of it sitting in city coffers already. Hey, why doesn't the city purposely never enforce parking meters and then just go around ticketing everyone? But instead of doing this brilliant idea, they're working on ways to collect more money from meters.
Now onto the Examiner, which buries their story under the usual bunch of junk concerning celebrities (we hate the Ex’s web site). All of these numbers above still means the MTA is falling at least $11 million short. So what to do, what to do... raise parking garage fees! This could bring in at least an additional $3 million dollars. Needless to say, this didn't go down well with business owners. Also proposed are raising the amount of money for towing and storage. As for the idea of raising meter prices and/or tickets, Nathaniel Ford thinks they won't need to if the MTA just tightens the belt.