The annual operating costs for a parking pricing system in central London averaged $77 million.
Experience with parking systems in central London.
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.
Author: Balducci, Patrick, et.al.
Published By: Transportation Research Board
Source Date: 2011URL: http://onlinepubs.trb.org/onlinepubs/nchrp/nchrp_rpt_689.pdf
Average User Rating