As part of a city overhaul that’s expected to generate an extra $18 million as City Hall grapples with a $400 million budget deficit, the Department of Transportation is rolling out new parking meters that take credit cards – and more of your money.
The city is updating its 40,000 parking meters – with 6,000 becoming digital machines that take coins and credit and debit cards. The $18 million comes on top of the $21 million the DOT already receives from drivers dropping coins into the meters.
Some meters citywide already have been changed, and the entire project should be finished citywide in January. An official said the changes help free up coveted street parking spaces, a boon for shoppers, diners and business owners.
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