- Infowars - http://www.infowars.com -
District rakes in $92 million from parking tickets
Posted By kurtnimmoadmin On March 11, 2013 @ 4:12 pm In Big Brother | Comments Disabled
Ashley Halsey III
March 11, 2013
In a city that routinely deals in billions and trillions of dollars, $92 million might sound like a trifle but for the way it was extracted: one parking ticket at a time.
Almost 1.9 million parking tickets were issued in the District in fiscal 2012, according to data that AAA obtained through a Freedom of Information Act request. Though that amounted to about 125,000 fewer tickets than the year before, more people who received them paid the fines, so the bottom line of $92 million in revenue remained the same as in fiscal 2011.
“Parking is a big business in the District,” said John B. Townsend II, a spokesman for AAA Mid-Atlantic. “The District makes $100 million from speed and red-light cameras and $90 million from parking tickets. When you count in parking permits, registrations, licensing fees and the rest, I’ll bet the city makes close to a billion dollars a year off cars.”
Article printed from Infowars: http://www.infowars.com
URL to article: http://www.infowars.com/district-rakes-in-92-million-from-parking-tickets/
Copyright © 2013 Infowars. All rights reserved.