Parking ticket fines are a bonanza for New York City. Our fair city collected $957 million from all fines in FY 2015, and 59 % was from parking tickets. How much money was raised by the evil boot and tow, any idea?
The New York Post reports, citing new budget documents, that the Bloomberg administration has set its sights on a whopping $686M in revenue next year from parking ticket fines and penalties; obliterating the notion that parking enforcement warriors aren’t given quotas to fill. This exceeds projections of NYC parking ticket revenue for 2009 by $93M….