SAN DIEGO - The City of San Diego is looking at ways to increase revenues and some of those ways involve increasing parking fees.
In a 25-page report, San Diego's Independent Budget Analyst's Office says the two most feasible options are raising parking meter rates and charging non-residents to park at major city destinations like Mission Beach and Balboa Park. The two options are projected to bring about $14 Million in additional revenue each year.
But as the San Diego Union-Tribune reports, charging non-residents for beach parking could end up pushing tourists to park in neighborhoods or lead to a decline in visitors. The California Coastal Commission could also have a say in those parking rates.
Other options include a new tax on parking garages, a rental car business tax, boat launch fees and more advertising in tourist areas. The increases are a part of a move to close a more than $350 Million projected budget deficit over the next five years.
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