Article

The New Bids on the Block

November 16, 2010 Published in the December 2010 issue of Seattle Met

500,000
Estimated number of parking tickets issued in 2010

$21 million
Amount the city collected for parking tickets

27,000
Estimated number of vehicles in Seattle with at least four unpaid parking or traffic tickets, amounting to $15 million in lost revenue

$27 million
Estimated amount the city collected from parking kiosks and meters in 2010

60 percent
Mayor Mike McGinn has proposed raising parking rates, up to $4 per hour downtown

9 percent
Increase in available spaces estimated by Seattle Department of Transportation if the hourly parking rate is raised

$3

Amount by which the mayor’s proposed hourly rate would undercut the market rate—$7 per hour—at private downtown parking lots

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