Dutch cities see big bucks from parking tariffs
Income from parking tariffs has increased as more cities roll out paid parking systems and hike up parking fees.
Amsterdam – Dutch cities expect to receive EUR 533 million in parking tariffs in 2009, according to a report by Statistics Netherlands released Monday.
The anticipated revenue is 10 times higher than what parking tariffs brought in 20 years ago.
Income from parking tariffs has increased primarily due to price hikes and the expansion of paid parking. Since 1989, about 30 municipalities have moved to a paid parking system.
Amsterdam will bring in the most revenue from parking tariffs with EUR 130 million expected, nearly a quarter of its total municipal tax revenues.
A survey of 140 cities around the world shows that downtown Amsterdam is the most expensive place to park a car in 2009, with a daily parking rate of approximately EUR 50.
Alexandre Gabrielle, an 23-year old expat from France, recently spent close to EUR 22 for three hours of parking in Amsterdam's centre.
“Even in Paris, sure it's expensive, but it does not compare to Amsterdam,” he said.
Another Dutch city, The Hague, also made the list as the fourth most expensive place in the world to park.
Parking tariffs are an important source of income for smaller, touristic cities as well.
Parking fees in Zandvoort account for 22 percent of the budgeted tax revenues in 2009. In Valkenburg aan de Geul, parking accounts for 18 percent of budgeted tax revenues.
However, larger cities are more likely to charge for street parking.
All municipalities with more than 100,000 inhabitants levy parking tariffs. In contrast, one in three municipalities with 20,000 to 50,000 people have paid street parking, and about 15 percent of municipalities with fewer than 20,000 inhabitants use a paid parking system.