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BUDGET AND FINANCE and TRANSPORTATION COMMITTEES’ REPORT relative to a revised fee schedule for parking meter zone rates, parking facilities, and Preferential Parking District permit fees.
Official recommendation
DIRECT the Department of Transportation (DOT) to: Extend daily hours of operation for daily on-street parking meters to 12:00 a.m. in late night high activity locations and 8:00 p.m. in all other on-street metered areas, with exceptions on a case-by-case basis as determined by the DOT. Extend its hours of operation for on-street parking meters to include Sunday, with exceptions on a case-by-case basis as determined by the DOT. Report to Council every five years to recommend any adjustments to the parking meter zone rates listed in the Los Angeles Municipal Code Section 88.00 that may be required to reflect changes associated with the Consumer Price Index. Report to Council in 90 days with a proposed Preferential Parking District fee schedule. Fiscal Impact Statement: The DOT reports that there is no negative impact to the General Fund. The 2025-26 Adopted Budget assumes $14.4 million in additional revenue from increased parking meter rates as described in the report. Conservatively, implementing the new parking facility rates and extended hours of operation for parking meters have the potential to generate at least $1.7 million in total gross revenue in Fiscal Year (FY) 2025-26, if implemented by January 1, 2026. The DOT will report back on additional parking revenue estimates to help inform the FY 2026-27 budget process. Community Impact Statement: None submitted. Report from Budget and Finance and Transportation Committees 9-16-25 Transmittal Letter to Budget and Finance Committee 9-10-25 Report from Department of Transportation dated 7-02-25.pdf