Parking is a $100 billion industry worldwide. It is segmented into two types: on-street parking and off-street parking. On-street indicates municipal parking meters and off-street is private sector garages and surface lots.
Parking In The United States
The first U.S. public parking garage for motor vehicles was opened in Boston, May 24, 1898. Soon, livery stables in urban areas were converted into more lucrative auto garages. According to the Parking Property Advisors and Parkopedia 2018 Top 40 US Cities Index, New York, NY is currently the most expensive city in the world to park off-street with an average cost of $27 hourly.
Early Parking Impacts U.S. Merchants
In 1926, American merchants listed downtown traffic congestion as their most serious dilemma. Unrestricted curbside parking and minimal off-street parking facilities were listed as the primary causes. Customers went where they could park. Ultimately, the world's first parking meter was installed in Oklahoma City, Oklahoma on July 16, 1935.
During the Great Depression of the 1930s, city revenues dwindled. However, with parking meters, a new source of municipal revenue was found. The nickels paid by parkers accumulated, additionally, so did the imposed fines for parking meter infractions.
By 1944, American cities were collecting approximately $10 million annually from parking meters alone.
On-Street Parking Enforcement Becomes Extremely Profitable For Municipalities
Revenue from parking violations quickly became an integral component in balancing or improving city budgets. Revenue from parking fines normally go into the city’s general fund, which pays for the city’s police force, fire departments, and public safety. Parking enforcement also made commercial business owners happy since it encouraged parking space turnover for new customers therefore increased revenue.
Violations for parking in prohibited places, unauthorized use of Handicap spaces, or expired meters in the U.S. can range from $25 to $250.
New York City issued between 9 million and 11 million parking tickets and collected $545 million from parking violations in fiscal year 2016. Los Angeles issues roughly 2.4 million tickets a year, which can cost as high as $73 per fine.
On-Street Parking Enforcement
One of the tools used by many municipality Parking Enforcement Officers (and private sector operations) is the Chalk Stick Tire Marker. This adjustable, lightweight, aluminum chalk stick from the ParkingZone easily labels tires. Its unique, ergonomic telescoping design extends the unit enabling operation without stooping over or kneeling.
In 2017 the ParkingZone alone sold almost 600 chalk sticks and approximately 110,600 pieces of tire chalk.
The Importance Of Parking Enforcement
Parking Enforcement is essential for cities and in aiding commercial enterprises to succeed in the community. Parking rules, restrictions and regulations are now an indispensable part of modern life and they have a beneficial impact in many ways.
Other Uses For Chalk Sticks