Transportation Fund Transfer and Parking Fee Increases

At a glance

• What: The proposed 2027 budget would reinstate a transfer from the Transportation Fund to the capital fund, supported by a $10 increase across 47 parking citation categories, doubled overnight parking fees, and higher permit and downtown meter rates. Part of 2027 Executive Budget.
• Where it stands: Reviewed at the October 15 hearing without a vote. Parking citation revenue is projected to rise from $14 million to $21 million. The Comptroller said he would want several years of audited surpluses before supporting a transfer and does not recognize the revenue estimates; the fund has a growing cash deficit and about $32 million in general fund advances. Members raised equity concerns for fixed-income residents and permit-dense neighborhoods and asked for multilingual communication; alternatives include declining the fee increase and the transfer and funding road repairs through borrowing.

Log

2026-10-15 - Finance & Personnel Committee

Budget review of the Transportation Fund: citation volume and payment trends, variable-rate meters, a parking meter vendor transition, streetcar funding gap, and the fee and transfer debate. No vote.