Parkhurst Paid Parking Nets the City a Paltry R269 Per Day
Figures released recently show that Kerbside Paid Parking Scheme has netted the City of Johannesburg a total of R1 089 015.32 during the months of July to November 2012. This represents 25.2% of the income derived from the scheme. Ace Parking Services, the company contracted by the City to run the scheme, earned R3 232 474.03 (74.8%), almost three times as much.
There are three areas in which this scheme operates. Two are in the Central Business District (CBD) areas of downtown Johannesburg and Braamfontein. The third is in a tiny commercial strip located on two sides of 4th Avenue in the primarily residential northern suburb of Parkhurst.
When the three areas are compared, Johannesburg earns 66%, Braamfontein 31%, and tiny Parkhurst only 3% of the income. This equates to a mere R128 133.75 for the 5-month period. The City's earnings are R32 289.
If you break it down even further, Parkhurst only earned the City of Johannesburg an average of R6 458 a month, or R269 a day.
While there is undoubtedly further income to the city from parking fines, the amount collected directly from the scheme clearly shows that this scheme is not suited to a suburban high street environment. It is not sustainable, it does not address the real needs of the community.