In today’s Budget and Finance Committee meeting, they’ll be voting on the controversial proposal to add 133 parking meters to the Eastern end of Golden Gate Park.
The proposal has been raised and felled before, but, according to the Examiner, this time is different: “Mayor Gavin Newsom, who has previously opposed the idea, is now supporting it as part of a deal he struck last Wednesday with Avalos, chair of the Board of Supervisors budget committee.”
Under the current proposal, about 1,800 spaces out of the Park’s current 8,300 would be metered. While the details on rates for the meters have yet to be worked out, (Ren-Fest hatin‘) Parks and Rec have somehow been able to project that the first year (the meters would go in April 1, no fooling) would generate about $500K in revenue, $1.4 M in the second, and that the MTA would make about $823,000 per year from tickets for expired/unpaid parking, “providing the MTA with a $379,000 net profit.”
