DETROIT (AP) — New parking meters and higher fines are putting more money in Detroit’s bank account.
The Detroit Free Press reports revenue from parking tickets is up 30 percent to $13 million, compared to 2014. The newspaper says revenue from meters has more than doubled to $4.2 million.
Detroit more than doubled the cost of a parking ticket to $45 when emergency manager Kevyn Orr was running the city in 2014. After years of having broken meters, Detroit installed hundreds of new electronic kiosks that are more reliable.
Parking director Norm White says, “We’re doing pretty well.”
Revenue from the parking department helps pay off bonds and make repairs at city-owned garages. Kerrick Butler of Troy says he uses a mobile app to pay to park in Detroit.
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