With record income from parking violations in 2015, how did 2020 look in light of the pandemic? In March 2020, at the start of the coronavirus (COVID-19) pandemic, New York City’s streets lost much of their traffic and suspended many of the parking rules. New York City, which has the highest parking fees in the world, is estimated to lose more than $590 million in parking revenue this year - Bloomberg July 23, 2020 What New York City made from parking violations in 2015 Fines are for violations, while fees are for particular services. The city brought in a total of $1.9 billion from fines and fees in 2015, including the fines to the additional $974 million in fees. Office of the New York City Comptroller says the NYC parking tickets category brought in $565 million, which is more than 59% of the total $957 million in fines. According to Intelligencer, the most significant part of those fines came from traffic and parking penalties. In 2015, New York City collected $957 million in fines, a 7.5% increase from 2014. Increases in traffic fees and fines turned out to be a byproduct of this program. The purpose was to eliminating traffic fatalities and serious injuries on the streets of New York. New York City had a record-breaking year for fines and fees in 2015 Parking violation ticket on a vehicle | Getty Imagesīill de Blasio became New York City’s mayor in 2014 and introduced his Vision Zero campaign. Here’s a look at the record-breaking year of 2015 and how fewer cars on the road during the pandemic compared. In a massive city like New York City, income from fines and fees can be staggering. However, payments of tickets can help provide funding for cities and towns across the United States. It can be a painful hit to the wallet to get too many parking violations.
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