Traffic:   85 Incidents
Weather: 46°F Go
  08:29am EST, 11/23/09
Local News
Text Size:   A   A   A
Posted: Monday, 19 June 2006 7:16AM

Report: Cutting Parking Perks Could Save Millions



NEW YORK -- A new study says that eliminating the parking perks of government employees could save New York City $46 million.

The Daily News reports that the study, commissioned by the Transportation Alternatives advocacy group, found that almost 20-thousand fewer vehicles would enter the city each day if government workers didn't get free parking and had to spend as much as their private-sector counterparts.

The study says the freed-up parking spaces could generate $46 million in parking revenue.

A spokesman for the mayor says the city has reduced the number of free-parking allowances by 12 percent since last year.


(TM & © 2006 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO & EYE Logo TM & © 2006 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report. In the interest of timeliness, this story is fed directly from the newswire and may contain occasional typographical errors. )
 
 
Print Page Email This Page
Featured Audio
1010 WINS NEWS ON THE RUN FOR MONDAY, NOVEMBER 23rd
STAY IN THE KNOW WHILE ON THE GO WITH JUDY DE ANGELIS
 
 
ADVERTISEMENT
 
 
News Watch