A San Jose parking official is calling for the city to pause discussions on a controversial plan to...
Heindel: San Jose should calculate economics of increasing parking meter rates
Before raising downtown parking rates, San Jose should know whether the additional parking revenue will exceed any resulting loss in downtown economic activity. In crafting the 2026-27 fiscal year budget, City Manager Jennifer Maguire asked each department to provide recommendations on savings to close the $50 million budget deficit. The Department of Transportation (DOT) did not identify any savings, but rather proposed $1.2 million in new revenue by raising downtown rates at 900 meters and extending the hours at 1,600 meters. Maguire’s budget accepted this proposal and the funds were transferred from the Downtown Parking Enterprise Fund to the general...
