22
Wednesday, June 7, 1972
PARKING CHARGES TO BE INCREASED
Study Shows Monthly Loss In Government Car Parks
A meticulous re-examination by Government of the costs and
revenue of each of the six Government multi-storey car parks has shown
an overall monthly loss of $62.50 per parking space.
The Financial Secretary, the Hon. C.P. Haddon-Cave, said this
today in the Legislative Council in a statement on car parking charges.
He said the Governor-in-Council had now made the necessary
regulations to implement the Budget proposals he made on March 1 this
year to increase charges for the use of Government multi-storey and
open air car parks.
The Road Traffic (Parking and Waiting) (Amendment) Regulations
1972 provides for the following new rates of parking charges to come into
force from July 1 this year:-
•
Monthly tickets to be increased from $120 to $200; *Full hourly rate to be increased from 60 cents to #1 with a minimum charge of $2 instead of $1.50;* Hourly rate in off peak periods to be increased from 40 cents to 50 cents, with the minimum charge remaining at $1;
Open air car parking charges to be increased from $3.50 to $2.50 per half day.
As regards parking meters, the Financial Secretary said the
number of spaces available for parking on street was bound to be reduced,
and the policy was gradually to extend other charging to all those remaining.
/Meters
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