Indy’s parking meter revenue more than $3M in 2013

(WISH Photo/Kevin Ratermann)
(WISH Photo/Kevin Ratermann)

INDIANAPOLIS (WISH) – Indianapolis collected $3,066,546 in net revenue from parking meters in 2013, DPW announced on Wednesday.

That’s $2.7 million more than the city gained in 2010 before parking meter operations were turned over to ParkIndy, a release said.

Officials say four out of five people chose new, more convenient ways to pay at meters in 2013, like using credit cards and mobile apps.

According to state law and local ordinance, the city can only use parking meter revenue for improvements in or near the parking meter areas.

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