Auckland Council has estimated that they subsidise on-street parking by NZ$1 billion per year:
The value was announced in the council meeting on 31st March 2022, listen between 18:00 and 20:40:
Our view
Streets Alive Yarra has previously asked the City of Yarra to acknowledge that on-street parking is subsidised, and council has refused to do so:
If Auckland Council is able to estimate their subsidy of on-street parking, then Yarra City Council can too. Streets Alive Yarra estimates that Yarra’s annual subsidy is on the order of AU$79 million.
It’s time for the City of Yarra to:
- acknowledge that on-street parking is subsidised;
- estimate the annual subsidy; and
- publish the annual subsidy (or revenue foregone) in each annual budget, so that residents and ratepayers understand the magnitude of the opportunity for reform.
Published 13th April 2022
Update 14th April 2022, Auckland Council provided an explanation of how the $1 billion value was calculated:
