Friday, February 7, 2020

VIDEO: Hoboken council votes to increase parking fees to help offset potential $14M budget deficit




The Hoboken council approved three different ordinances related to parking fees and fines, with some officials stating it's necessary to fix this year's budget gap that could approach $14 million.

The vote to authorize an increase of parking violations by $5 passed 5-4, with Council members Michael DeFusco, Vanessa Falco, Ruben Ramos and Russo voting no.

According to the ordinance, the city wants to increase residential permits depending upon the number of cars residents own. For example, it would go from about $.29 per week, or $15 per year, to $1 per week, or $52 per year, for the first car.

For families with more than one car, the rate will go from $.58 per week, or $30 per year, to $2 per week, or $104 per year, for the second car, and from $1.73 per week, or $90 per year, to $4 per week for the third car.


Parking Tickets and Revenue in Hoboken 2018 and 2019
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Hoboken Resident Parking Permits Issued 2014-2019
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