Experience with parking systems in central London.
London, England
This report covered a small-scale study of parking pricing systems to help state officials and other policy makers discuss the implementation and operational costs of alternative revenue-generating systems.
Cost and revenue data were collected from only one parking pricing system in the Westminster area of London, England. Over fiscal years 2004 to 2008:
- Operating costs averaged $77 million.
- Revenues averaged $136 million.
- Average operating costs were estimated at 56.6 percent of revenues.
NCHRP Report 689: Costs of Alternative Revenue-Generation Systems
Parking Pricing System Annual Operating Costs: $77 million