meter

The pay-by-plate parking meters have been a financial success, with an average 18.1 percent increase in revenue. 

(July 19, 2019) Despite disgruntled comments here and there over new technology and the end of the “good old days,” the pay-by-plate parking meters have been a success, and have seen impressive jumps in revenue.

OC Budget Manager Jennie Knapp provided statistics that show an average 18.1 percent increase in generated revenue at various parking lots: 

• Street Meters: +10.9 percent, from $376,026 to $417,068

• Inlet Lot: +22.6 percent, from $603,760 to $740,467

• Other Lots: +17.8 percent, from $264,069 to $311,178

In total, the parking lot’s revenue has increased from $1,243,855 to $1,468,713. 

The pay-by-plate parking meters were introduced April 1 last year, but had been a topic of conversation since 2016. 

The meters were installed for a multitude of reasons, such as quickening the payment process, and increasing parking enforcement efficiency. 

While some have found the meters to be difficult to use, in the end, the numbers speak for themselves.

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