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LA City Council approved an increase in parking meter rates, the first since 2014
['City News Service']
Daily News
The Los Angeles City Council approved an increase in parking meter rates on Friday and called on staff to explore the implementation of penalties for residents whose trash bins block sidewalks and streets.
In a 10-0 vote, council members authorized a 50-cent increase to parking meter rates across the city, from $1 to $1.50.
Department of Transportation officials were instructed to report to the City Council every five years and recommend any adjustments to parking meter zone rates to reflect changes associated with the consumer price index.
City officials noted nearby municipalities such as Beverly Hills, Pasadena, Santa Monica, and West Hollywood charge for on-street parking daily.
City officials estimated $14.4 million in additional taxes or revenues from increased parking meter rates, and at least $1.7 million from fees for new parking facility rates, for fiscal year 2025-26.